228 Main St
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 31, 2024 | Sold | ||
| Sold | |||
| Sep 28, 2024 | In contract | - | |
| In contract | |||
| Sep 20, 2024 | Listed by Trinity Real Estate | $525,000 | |
| Listed by Trinity Real Estate | |||
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Contractors Delight....... A Single Family home that has been in the same Family for generations. Although it has newer windows, the rest of the home needs complete updating from stem to stern..... The lot is level and almost 7,000 square feet and the location allows for an easy stroll to Melrose Center in one direction or the Oak Grove Train Station in the other direction. Steps to Pine Banks as well....
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017