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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 |
|---|---|---|---|
| Jun 18, 2026 | Price Decreased |
$75,000
↓ $10K
(11.8%) | |
| Price Decreased | |||
| Jan 7, 2026 | Listed by KELLER WILLIAMS REALTY ATLANTIC PARTNERS (ST. AUG) | $85,000 | |
| Listed by KELLER WILLIAMS REALTY ATLANTIC PARTNERS (ST. AUG) | |||
| Jul 19, 2025 | Price Decreased |
$90,000
↓ $5K
(5.3%) | |
| Price Decreased | |||
| Apr 1, 2025 | Listed | $95,000 | |
| Listed | |||
| | |||
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Situated on a desirable corner, this 0.28-acre (per public record) vacant lot offers the perfect blend of visibility, access, and flexibility. Whether you're looking to build your dream home or invest in a smart piece of land, this property provides a solid foundation for your plans. The corner location allows for multiple design options, enhanced curb appeal, and easy access from two streets—ideal for a custom residence. The lot is mostly cleared and ready for your vision, with utilities nearby and a convenient location close to local shops, schools, and major roads. Whether you're a builder, homeowner, or investor, this is an excellent opportunity to secure a well-positioned piece of property in a growing area. Don’t wait—land like this, in a prime location, won’t last long.
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| Apr 3, 2022 | No longer available | - | |
| No longer available | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017