246 Main Street
About This Property
Polished hardwood floors run throughout, and the bathrooms have been tastefully renovated. The full unfinished basement with high ceilings and a separate entrance offers endless possibilities for storage or future customization. There's also plenty of storage throughout, including a roomy pull-down attic.
Outside, enjoy a private driveway and a large backyard with space to relax or entertain. Conveniently located just a 7-minute walk to the LIRR station and close to public transportation. Don't miss your chance to own this beautifully updated home at an incredible value!
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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 |
|---|---|---|---|
| Aug 13, 2025 | Sold | ||
| Sold | |||
| Jun 18, 2025 | In contract | - | |
| In contract | |||
| Jun 3, 2025 | Price Decreased |
$569,900
↓ $5K
(0.9%) | |
| Price Decreased | |||
| May 28, 2025 | Listed by ERA/Top Service Realty Inc | $574,900 | |
| Listed by ERA/Top Service Realty Inc | |||
| May 27, 2025 | No longer available | - | |
| No longer available | |||
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Data Source: OneKey MLS
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017