1
Map
278 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 |
|---|---|---|---|
| Oct 9, 2012 | Sold | ||
| Sold | |||
| May 13, 2012 | Listed by M. R. Real Estate | $49,900 | |
| Listed by M. R. Real Estate | |||
| Feb 23, 2011 | Listed by M. R. Real Estate | $89,999 | |
| Listed by M. R. Real Estate | |||
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|
Acre lot on Rt-9 with large gambrell barn. Water & sewer. Cleared. House is not structural and should be torn down.
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| Aug 19, 2010 | Listed by RE/MAX First Choice R. E. | $99,900 | |
| Listed by RE/MAX First Choice R. E. | |||
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|
Potential 2 house lots. 200+ yr old home on main st needs extensive work and most likely a tear down. Water & sewer in house. Second lot behind home fronts South St and abbuts sewer easement. Water in Street. Large Barn on lot. Potential business zone.
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| Jul 16, 2004 | Sold | ||
| Sold | |||
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Address: 335 Madison Avenue, New York, NY 10017