241 Mendon Rd
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 |
|---|---|---|---|
| Jun 5, 2026 | Sold | ||
| Sold | |||
| May 11, 2026 | In contract | - | |
| In contract | |||
| Apr 2, 2026 | Withdrawn | - | |
| Withdrawn | |||
| Mar 18, 2026 | Listed by Gibson Sotheby's International Realty | $400,000 | |
| Listed by Gibson Sotheby's International Realty | |||
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Charming single-level ranch with a 1-car garage offering comfort, style, and convenience. The inviting living room is perfect for relaxing or entertaining. Two spacious bedrooms provide ample closet space. The beautifully updated kitchen features cherry cabinets, granite countertops, a tasteful backsplash, double sink, and stainless steel appliances creating both style and functionality. The renovated bathroom includes radiant heated floors and a tub/shower with sliding glass doors for added comfort and convenience. Enjoy easy one-level living in a convenient location near shopping, dining, and commuter routes. Situated on a fully fenced quarter-acre lot, ideal for outdoor entertaining yet easy to maintain. Perfect for first-time home buyers, down sizers, or anyone seeking modern updates and practical living.
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| May 10, 2018 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017