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 |
|---|---|---|---|
| Jun 20, 2025 | Sold | ||
| Sold | |||
| Jun 3, 2025 | In contract | - | |
| In contract | |||
| May 13, 2025 | Price Decreased |
$849,500
↓ $46K
(5.1%) | |
| Price Decreased | |||
| Apr 14, 2025 | Listed | $895,000 | |
| Listed | |||
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EXPECT TO BE IMPRESSED by this beautifully renovated Colonial, where timeless New England charm meets modern sophistication. Step inside to find restored hardwood floors, original moldings, grand foyer, and oversized windows that flood the home with natural light. Redesigned with a sleek and sophisticated style, yet retaining an inviting and welcoming feel as soon as you step through the door. A cozy library tucked behind French doors adds warmth, while the open, functional layout suits today’s lifestyle. Energy Star Certified, the home features high-efficiency heating, on-demand hot water, triple-pane windows, and cellulose spray foam insulation for year-round efficiency. The primary suite is a peaceful retreat with a spa-style tiled shower, dual vanity, and spacious walk-in closet. Every detail has been thoughtfully updated for comfort and style. Outside, enjoy lush landscaping and elegant stonework that enhance the home’s curb appeal. A perfect balance of character and modern ease.
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| Jan 19, 2024 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017