281 N Main St
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 |
|---|---|---|---|
| Nov 20, 2025 | Sold | ||
| Sold | |||
| Sep 22, 2025 | In contract | - | |
| In contract | |||
| Aug 16, 2025 | Relisted | $650,000 | |
| Relisted | |||
| Jul 23, 2025 | In contract | - | |
| In contract | |||
| Jul 16, 2025 | Listed by Migneault REALTORS® | $1,100,000 | |
| Listed by Migneault REALTORS® | |||
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This home blends timeless Victorian elegance with thoughtful modern updates. Eleven total rooms, including a parlor, formal foyer, dining room, and living room, in addition to 6 bedrooms and 1.5 baths. Recent updates include 6 mini-split units, updated electrical, fenced in yard, stone paver patio, extensive landscaping, as well as interior and exterior painting. Victorian features include a cupola, turret, numerous stained glass windows, a formal foyer, front stairway, rear stairway leading from the kitchen to 2nd floor and two, 3-season porches. Additional features include Buderis boiler (2013), 50-year asphalt shingle roof (2006), clapboard/cedar exterior shingles, oversized storage shed and hardwood floors throughout. Easy access to shopping, public transportation and highways. FIRST SHOWINGS WILL BE 7/19 and 7/20 OPEN HOUSE.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017