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240 Buttrick Avenue
About This Property
Sitting on a 50x100 lot on a beautiful, quiet, residential street of Throggs Neck.
Featuring a wide private driveway, 2 car garage, and tons of yard space!
Have a passion for restoration? Want to add your own touch to create your dream residence? Look no further!
Investor looking for development opportunity? R3-2 Zoning
Prime Throggs Neck Location! Just off Miles Avenue, Harding Avenue, Schurz Avenue. Quick Easy access to Cross Bronx Expressway, Schools, shopping centers, restaurants, parks and many other vibrant neighborhood amenities.
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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 | Relisted | $599,000 | |
| Relisted | |||
| Aug 18, 2026 | In contract | - | |
| In contract | |||
| Jul 28, 2026 | Listed by Keystone Realty USA Corp | $629,000 | |
| Listed by Keystone Realty USA Corp | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017