1942 Main Street
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 17, 2026 | Sold | ||
| Sold | |||
| Jan 1, 2026 | In contract | - | |
| In contract | |||
| Nov 12, 2025 | Listed by Renovo Real Estate | $219,900 | |
| Listed by Renovo Real Estate | |||
| Sep 2, 2025 | Price Decreased |
$219,900
↓ $10K
(4.4%) | |
| Price Decreased | |||
| Jul 17, 2025 | Listed | $229,900 | |
| Listed | |||
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Attention old home enthusiasts. Don't miss this rare opportunity to restore a piece of history. Built in 1870, this spacious 5-bedroom, 2-bathroom home offers 2,856 square feet of potential and sits on just over an acre in the village. With many original architectural details still intact, the home is a dream canvas for restoration enthusiasts and savvy investors alike. Home is sold as-is and is contingent on seller finding a home of his choice.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017