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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 13, 2025 | Sold | ||
| Sold | |||
| Oct 3, 2025 | In contract | - | |
| In contract | |||
| Aug 21, 2025 | Listed by Kinlin Grover Compass | $1,350,000 | |
| Listed by Kinlin Grover Compass | |||
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Move-in ready Contemporary Cape w/versatile floor plan & a great location in the much sought after Little Neck Bay subdivision. 4 BR, including a first floor primary w/ private bath & French doors to a beautiful in-ground pool. Nicely appointed kitchen w/soft close cabinets, stainless steel appliances, hardwood floors, & cathedraled breakfast area with 2 skylights. L-shaped living room w/hardwood floors, cathedraled & beamed ceilings & sliders to the pool. A lovely skylit entry foyer plus 2 guest BR, a full bath, & laundry complete the first floor. The second floor has a bedroom, a bath & a large open loft area. The lower level has a family room plus a half bath. Recent improvements include energy efficient Bosch hybrid heating & AC system, 2 new hot water heaters, pool heater, motor, electrical panel, pump, fencing & carpet in 1st floor bedrooms. There is a private association way that affords access to the water for kayaking & canoeing. The property is close to all Mashpee amenities.
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| May 16, 2023 | Sold | ||
| Sold | |||
| Apr 17, 2023 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017