188 Brown St
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 |
|---|---|---|---|
| Jan 16, 2026 | Sold | ||
| Sold | |||
| Dec 18, 2025 | In contract | - | |
| In contract | |||
| Dec 12, 2025 | Listed by Choice Property Brokers LTD | $35,000 | |
| Listed by Choice Property Brokers LTD | |||
| May 23, 2025 | Price Decreased |
$35,000
↓ $5K
(12.5%) | |
| Price Decreased | |||
| Apr 15, 2025 | Listed | $40,000 | |
| Listed | |||
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Come check out this great property in Harris Park! Two parcels--188 BROWN STREET and 212 BROWN STREET-- for a TOTAL OF .96 ACRES! This beautiful piece of land is covered with lots of mature Aspen and Pine, just waiting for your ideas and improvements. No well or septic yet but plenty of peace and quiet. The property is off the beaten track but with access to Hwy 285. Visit www.harrisparkmetrodistrict.com for more pictures and details about the Harris Park community. Don't let this one get away!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017