48
Map
2 May Place
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 |
|---|---|---|---|
| Oct 18, 2026 | In contract | - | |
| In contract | |||
| Jun 13, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Jun 12, 2026 | Listed by Payne Team LLC | $529,000 | |
| Listed by Payne Team LLC | |||
| Oct 2, 2025 | Listed by Payne Team LLC | $550,000 | |
| Listed by Payne Team LLC | |||
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Lakefront Beautifully Maintained Brick Home with Pond! This charming brick home blends timeless character with modern comforts, set on a picturesque property with its own private pond. Inside, the main level features a spacious kitchen with granite countertops and stainless steel appliances, a living room, dining room, with wood stove, and four bedrooms with hardwood floors. Upstairs, a finished attic offers a cozy family room with heat and air conditioning. The walkout basement, once a mother-daughter setup, provides incredible flexibility with a full kitchen, living room, bedroom, and bath, plus a family room with propane fireplace, sitting area, and game room. Outdoors, enjoy the peaceful pond, a covered porch, pizza oven/barbecue patio, hot tub, fire pit, and fenced yard. Along with a one car attached garage, there’s also a detached two car garage for extra storage or hobby space. An old hen house adds rustic charm and could easily be reimagined as a studio, office, or brought back as a chicken coop. A durable tin roof and blacktop driveway complete this well-maintained home.
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| Feb 10, 2021 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017