261 Thompson 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 |
|---|---|---|---|
| Aug 3, 2026 | In contract | - | |
| In contract | |||
| Jul 26, 2026 | Listed by RE/MAX Bell Park Realty | $789,900 | |
| Listed by RE/MAX Bell Park Realty | |||
| Feb 6, 2007 | Sold | ||
| Sold | |||
| Sep 19, 2006 | Listed by Quinsigamond Realty | $374,900 | |
| Listed by Quinsigamond Realty | |||
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|
Waterfront property with private beach and dock! Has been used in the past as a medical office building. Could be converted for many applications. Would make a wonderful waterfront home. This property provides parking space and it is also handicap accessible. Very convenient location close to 395.
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| Jul 31, 2001 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017