40
Map
201 Prospect 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 |
|---|---|---|---|
| Jul 21, 2026 | Sold | ||
| Sold | |||
| May 26, 2026 | In contract | - | |
| In contract | |||
| May 14, 2026 | Listed by Preston Gray Real Estate | $339,900 | |
| Listed by Preston Gray Real Estate | |||
| Dec 3, 2025 | Listed | $275,000 | |
| Listed | |||
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Prime opportunity in a strong Ansonia neighborhood. This well-kept property offers a clean, functional layout with solid bones-ideal for rental, resale, or light value-add. The interior features a straightforward floor plan with good room sizes, making it easy for future updates or tenant turnover. The kitchen and living areas are in workable condition, allowing for immediate occupancy or quick cosmetic upgrades to boost ARV or rental rates. Bedrooms are well-proportioned, offering flexibility for families, roommates, or a home office setup-strong selling points for tenants and buyers. Outside, the manageable yard keeps maintenance low while still offering usable outdoor space. Located close to schools, parks, shopping, and major highways, this property sits in a high-demand area with steady rental interest and solid resale potential. A clean, low-risk option for investors looking for cash flow, appreciation, or a simple value-add project.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017