1
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lot 2 Michael Road
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 |
|---|---|---|---|
| Nov 19, 2025 | Sold | ||
| Sold | |||
| Oct 7, 2025 | In contract | - | |
| In contract | |||
| Oct 1, 2025 | Listed by Carey Realty Group, Inc. | $1,200,000 | |
| Listed by Carey Realty Group, Inc. | |||
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Redesigned Craftsman style home like no other in the area. From the exterior, to the interior, owner has transformed this home to fit today's lifestyle. Set back from the road for privacy allows you to capture the outdoors w/wrap around covered porch. The resort like backyard w/inground pool custom stone patio/walkways, custom stone fire pit, custom tier deck w/built-in granite counter, gas grill, refrigerator, outdoor shower, totally level fenced backyard with plenty of room for entertainment/lawn games, swing sets, etc. Impressive entry w/river rock flooring, interior columns, its open concept floor plan ideal for gatherings year round w/the center piece custom stone wood insert fireplace/wood mantle all open to dining and kitchen area and views of the backyard. First Flr Office/Bedroom, Laundry Rm/Half Bath~2nd Floor w/3 additional bedrooms, 2 Bathrooms. Primary Bedroom w/Bathroom sliding barn doors~BONUS ROOM Over Garage~NO SHOWINGS UNTIL O.H. SUNDAY 10/5-12:00pm-2:00pm~
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| Jul 8, 2013 | Sold | ||
| Sold | |||
| Nov 12, 2012 | Listed by Keller Williams Elite | $589,900 | |
| Listed by Keller Williams Elite | |||
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Last Lot in Spring Valley Estates of Franklin. New construction in a beautiful subdivision at a great price. Don't settle for a resale when you can purchase this spectacular 4 bedroom colonial with many upgrades included. Generous allowance package for kitchen, appliances & fixtures. Hardwood on entire first floor and stairs, granite counter tops, tiled baths, 9 foot ceilings on first floor, lots of moldings. Fantastic price for new construction. Construction begins soon - Summer 2013 Delivery!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017