178 SOUTHERN VIEW DRIVE
About This Property
The expensive heavy lifting is already done for you: high-quality roof (5 months old), dual HVAC units (3 years old), new water heater, and fully upgraded electrical panels and gas lines. Located in a peaceful, highly desirable community with very low HOA fees ($550/yr). Offered as-is-bring your cosmetic updates and instantly build equity!
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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 |
|---|---|---|---|
| Oct 8, 2026 | Price Decreased |
$649,900
↓ $19K
(2.9%) | |
| Price Decreased | |||
| Sep 21, 2026 | Listed by Sell Your Home Services | $669,000 | |
| Listed by Sell Your Home Services | |||
| May 5, 2023 | Sold | ||
| Sold | |||
| Mar 20, 2023 | Listed by Brokers Realty Group, LLC | $614,900 | |
| Listed by Brokers Realty Group, LLC | |||
| |||
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Come see this spacious beautiful home with a room to fit any member of your family. This home has so much to offer, movie room, entertainment room, inground pool, outdoor living space, and so much more. There are 2 additional bedrooms located on the lower level, you must see this home in person. Seller is open to selling furniture also.
| |||
| Sep 4, 2015 | Sold | ||
| Sold | |||
Property Highlights
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About Kent
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017