2529 Commerce Street
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 |
|---|---|---|---|
| Aug 30, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Aug 21, 2026 | Listed by RA Brokers | $260,000 | |
| Listed by RA Brokers | |||
| Nov 27, 2024 | Sold | ||
| Sold | |||
| Oct 10, 2024 | In contract | - | |
| In contract | |||
| Jul 23, 2024 | Listed by SWE Homes | $174,599 | |
| Listed by SWE Homes | |||
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A little slice of heaven. Imagine the cool evenings or just taking a break from the sun, enjoy the solitude, breeze and many vistas from your wrap-around porch. This property has 6 bedrooms and 2 bathrooms and sits on just a little over 2 acres, and with a brand-new roof. This home requires some work and renovation, but has 3,632 sqft. of comfortable living space waiting for you to give it your personal touch! The location is a secure and quiet setting just minutes away from Alvin shopping and dining and with very quick access to highway 35. This home is a must see. Don't miss out on this ultra-rare opportunity!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017