2603 STEELE ROAD
About This Property
Electric is on separate meters
Gas HWH serves both levels -one bill
Furnace serves both units and is on one meter
Roof repaired 4-5 yrs ago
Gas heat
Main level- Wood stove -2016
Upper level- CAC upstairs only - working order
Basement-Rough in for full bath
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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 |
|---|---|---|---|
| Sep 22, 2026 | In contract | - | |
| In contract | |||
| Sep 13, 2026 | Price Increased |
$500,000
↑ $25K
(5.3%) | |
| Price Increased | |||
| Sep 11, 2026 | Listed by Brook-Owen Real Estate | $475,000 | |
| Listed by Brook-Owen Real Estate | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017