15 Bates Road
About This Property
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 30, 2026 | Sold | ||
| Sold | |||
| Feb 24, 2026 | In contract | - | |
| In contract | |||
| Feb 9, 2026 | Listed by William Raveis R.E. & Home Services | $592,500 | |
| Listed by William Raveis R.E. & Home Services | |||
   | |||
|
Opportunity to acquire this property very well located with a huge potential to reside or invest due to the oversize land it has, just waiting for the creativity of the New Owner. This property has been very well taken care for all these years and offers comfort beyond the internal rooms extending to a Deck and patio that provide leisure with Family and Friends.
| |||
| Dec 20, 2025 | No longer available | - | |
| No longer available | |||
| Oct 7, 2025 | Price Increased |
$613,000
↑ $283K
(85.8%) | |
| Price Increased | |||
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Address: 335 Madison Avenue, New York, NY 10017