50
Map
3003 Preston 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 |
|---|---|---|---|
| May 21, 2025 | Sold | ||
| Sold | |||
| Apr 23, 2025 | In contract | - | |
| In contract | |||
| Apr 8, 2025 | Listed | $1,100,000 | |
| Listed | |||
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LUXURY DUPLEX OPPORTUNITY! One side (3005 Preston) is leased at $4,000/MONTH through May 2027—perfect for immediate cash flow! Each unit has a SEPARATE TAX IDS and can be sold individually, or purchased together as a DUPLEX—great for house hackers or investors These MODERN 3-story units boast an impressive open floor plan with SOARING 12-FT CEILINGS, a center console with ELECTRIC FIREPLACE, and a SPACIOUS backyard. The MASSIVE windows, neutral paint, and natural light create a bright and inviting space. The gourmet kitchen is entertainment-ready with UPGRADED THOR APPLIANCES, QUARTZ countertops, SHAKER cabinets, tile backsplash, and a WATERFALL island with seating. The owner’s suite includes a PRIVATE BALCONY, walk-in closet, and ensuite bathroom with a soaking tub and upgraded double vanity. Secondary bedrooms are located on the 1st and 3rd floors, each with private baths. Minutes from DOWNTOWN HOUSTON, EAST RIVER, and major dining and entertainment! NO HOA!
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| Feb 20, 2025 | No longer available | - | |
| No longer available | |||
| Feb 19, 2025 | Listed | $599,990 | |
| Listed | |||
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Welcome to PRESTON VILLAS! Two stunning BRAND NEW homes in EAST DOWNTOWN featuring 3 bedrooms and 3.5 baths. These MODERN 3-story homes boast an impressive open floor plan with SOARING 12-FT CEILINGS, a center console with ELECTRIC FIREPLACE, and a SPACIOUS backyard. The MASSIVE windows, neutral paint, and natural light create a bright and inviting space. The gourmet kitchen is entertainment-ready with UPGRADED THOR APPLIANCES, QUARTZ countertops, SHAKER cabinets, tile backsplash, and a WATERFALL island with seating. The owner’s suite includes a PRIVATE BALCONY, walk-in closet, and ensuite bathroom with a soaking tub and upgraded double vanity. Secondary bedrooms are located on the 1st and 3rd floors, each with private baths. Minutes from DOWNTOWN HOUSTON, EAST RIVER, and major dining and entertainment! NO HOA!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017