255 Mcfarland Road
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 |
|---|---|---|---|
| May 8, 2026 | Price Decreased |
$215,000
↓ $5K
(2.3%) | |
| Price Decreased | |||
| May 8, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Mar 8, 2026 | Price Decreased |
$220,000
↓ $10K
(4.4%) | |
| Price Decreased | |||
| Mar 1, 2026 | Price Decreased |
$230,000
↓ $19K
(7.6%) | |
| Price Decreased | |||
| Jan 21, 2026 | Listed by White House Global Properties | $249,000 | |
| Listed by White House Global Properties | |||
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The property is situated on a large lot of just under 13,000 square feet and is fully enclosed by a brick perimeter wall with a gated front entrance. A circular driveway provides ample off-street parking for approximately 10 vehicles, excluding garage space.
Improvements include a detached garage measuring approximately 45 ft x 45 ft (±2,035 sq ft) with an approximate 14-ft ceiling height. A separate storage structure measuring approximately 15 ft x 21 ft is also present and includes an unfinished second level. The site offers extensive paved and enclosed areas suitable for vehicle storage and equipment use.
The back of the property has the potential for construction of 2 more properties.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017