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232 Mount Hope Place
About This Property
Situated in a 17.42x112 R8 zoning lot, this property presents possibilities for redevelopment, expansion, or residential development, subject to applicable zoning regulations and approvals.
Conveniently located near public transportation, shopping, schools, and major roadways. Bring your vision and capitalize on this Bronx real estate investment opportunity.
Buyer to independently verify zoning, permitted uses, buildable area, and development potential.
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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 |
|---|---|---|---|
| Sep 16, 2026 | Listed by Keller Williams Realty NYC Grp | $1,500,000 | |
| Listed by Keller Williams Realty NYC Grp | |||
| Jul 27, 2017 | Sold | ||
| Sold | |||
| Oct 13, 2016 | Sold | ||
| Sold | |||
| Dec 29, 2014 | Listed by Exit Realty Search | $225,000 | |
| Listed by Exit Realty Search | |||
| | |||
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One Family Near all Transportation
| |||
| Jan 16, 2008 | Sold | ||
| Sold | |||
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Data Source: OneKey MLS
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017