261 Main
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 |
|---|---|---|---|
| Jun 30, 2025 | Sold | ||
| Sold | |||
| May 13, 2025 | In contract | - | |
| In contract | |||
| Apr 15, 2025 | Relisted | $150,000 | |
| Relisted | |||
| Apr 9, 2025 | In contract | - | |
| In contract | |||
| Mar 27, 2025 | Listed | $315,000 | |
| Listed | |||
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Back on the market due to buyers financing !! Renovated in 2023, this quaint 2 BDM, 1.5 bath Colonial has all the updates that you are looking for including new siding, roofing, electrical, HVAC, insulation, doors/ windows and much more!! Entertain guests in the spacious, modern kitchen with stainless steel appliances and plenty of cabinet space. Laminate flooring can be found throughout the home as well as new lighting. A detached 2 car garage is ready for your vehicles and also offers additional space for storage. Energy efficient furnace. A perfect home for a 1st time buyer or someone looking to downsize. Close to Downtown Shopping/Restaurants and minutes from Rt. 2.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017