151 Martin Rd
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 |
|---|---|---|---|
| May 27, 2025 | Sold | ||
| Sold | |||
| Feb 28, 2025 | In contract | - | |
| In contract | |||
| Feb 13, 2025 | Listed | $565,000 | |
| Listed | |||
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Don't miss this fantastic opportunity for first-floor living in a spacious ranch-style home! The open-concept design boasts a warm and inviting living room with a fireplace that flows effortlessly into the kitchen, featuring granite countertops, stainless steel appliances, and an adjoining dining area. A bright and airy four-season sunroom provides direct access to a composite deck, perfect for enjoying views of the inground pool. The main level offers three generously sized bedrooms with oversized closets, a bathroom with a walk-in shower and laundry, and stunning hardwood floors throughout. The finished lower level adds valuable living space with a versatile bonus room, a dedicated home office, a full bath with a jet tub, and a second laundry room. Additional highlights include a spacious detached two-car garage with ample parking and a 16x8 shed for extra outdoor storage. Conveniently located near Route 146, Martin Rd Recreation Area, and Wallum Lake, this move-in-ready home is
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| Dec 3, 2024 | Temporarily off market | - | |
| Temporarily off market | |||
| Nov 21, 2024 | Price Decreased |
$575,000
↓ $15K
(2.5%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017