240 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 |
|---|---|---|---|
| Jul 10, 2025 | Sold | ||
| Sold | |||
| Jun 15, 2025 | In contract | - | |
| In contract | |||
| May 28, 2025 | Listed | $549,900 | |
| Listed | |||
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Brimming with charm inside and out, this picture-perfect Norfolk home offers curb appeal, thoughtful updates, and a prime location just ½ mile to the commuter rail and town center. Set on a lush, nearly half-acre lot with manicured landscaping, a white picket fence, and a wraparound front porch, the home makes a stunning first impression. Inside, enjoy hardwood floors throughout, classic built-ins, and a cozy wood-burning fireplace. The beautifully updated kitchen and bath blend modern style with timeless appeal. Start your day with a coffee on the tranquil porch swing or unwind in the fully fenced backyard, featuring a stone patio, colorful blooms, and plenty of space to entertain or relax. A large side yard surrounded by fruit trees offers even more room for play, gardening, or outdoor entertaining. Recent upgrades include a new roof (2023) and repointed foundation (2023). A rare opportunity to own a home that combines charm, character, and convenience in an unbeatable location!
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| Jul 12, 2023 | Sold | ||
| Sold | |||
| Jun 6, 2023 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017