205-213 Main St.
About This Property
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Cap Rate Calculator
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 2, 2026 | Price Decreased |
$159,900
↓ $40K
(20%) | |
| Price Decreased | |||
| Apr 24, 2026 | Listed by LAER Realty Partners | $199,900 | |
| Listed by LAER Realty Partners | |||
| Apr 14, 2026 | No longer available | - | |
| No longer available | |||
| Mar 24, 2026 | Price Decreased |
$199,900
↓ $25K
(11.2%) | |
| Price Decreased | |||
| Jan 22, 2026 | Listed by LAER Realty Partners | $225,000 | |
| Listed by LAER Realty Partners | |||
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Prime Gardner location--Superb opportunity for this parcel zoned Commercial 1 in the heart of Main Street, Gardner!! Easy access to Rt. 2--excellent traffic count!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017