256 Main 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 |
|---|---|---|---|
| Mar 26, 2026 | Sold | ||
| Sold | |||
| Feb 14, 2026 | In contract | - | |
| In contract | |||
| Nov 19, 2025 | Price Decreased |
$550,000
↓ $15K
(2.7%) | |
| Price Decreased | |||
| Nov 2, 2025 | Price Decreased |
$565,000
↓ $15K
(2.6%) | |
| Price Decreased | |||
| Oct 11, 2025 | Listed by ERA Key Realty Services- Spenc | $579,900 | |
| Listed by ERA Key Realty Services- Spenc | |||
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Exceptional Queen Anne Victorian... a residence that embodies the charm and character of days gone by but updated for todays life! Built in 1891,this beauty offers a unique opportunity to have what you want! Three+ spacious bedrooms with hardwood flooring, high ceilings & crown molding provide great space for rest and relaxation..The generous 2,488 square feet of living area provides a versatile canvas for creating spaces that suit your lifestyle. WAIT until you see the detached garage that will hold 4 cars, is heated and also has work space! The finished room overhead has multiple uses! Poised on over 1/2 acre on a corner lot with outdoor space that provides plenty of room for gardens & activities. A perfect blend of historical charm and modern potential! Possibilities to convert the 2nd floor of the garage to an ADU(accessory dwelling unit)+ the 2nd floor of the home also has it's own kitchen,**seller is open to buyer concessions,including interest rate buy down w/acceptable offer.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017