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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 |
|---|---|---|---|
| Mar 25, 2025 | Sold | ||
| Sold | |||
| Mar 4, 2025 | In contract | - | |
| In contract | |||
| Feb 12, 2025 | Listed by The Group Inc - Harmony | $395,000 | |
| Listed by The Group Inc - Harmony | |||
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Cute cottage in the historic district of Firestone offering large shade trees, huge deck and outdoor living both in the back and side yard, and a spacious yard with 12' side gate (northwest side) for easy parking for RV, boat, toys, or additional cars. Abundant storage in the yard with separate fenced area next to the alley and a shed. Plenty of off-street parking with a circle drive at the front of the house. Two rooms on the main level could both be used as bedrooms (one is currently noted as an office), and additional finished space in the basement with egress windows could be one large rec room, or a studio suite with bedroom and large living area. Tongue-in-groove ceiling in the kitchen and dining area adds to the charm of this home. Gas forced air, swamp coolers and a wood stove allow options for comfort year round, newer water heater, new lift station for washer/dryer in basement, new gas meter, new roof in 2023 with three new skylights offers abundant light in the kitchen, electrical was redone in 2001 and included a new panel. This is one of the oldest homes in Firestone but has been lovingly updated through the years. Sprinkler system with drip lines for front and back yard make keeping this special yard in top shape. The back yard deck is the perfect place to entertain and to enjoy the shady quiet of a small town. There is a foundation for a hot tub and prewire on the back deck if that's a feature you'd like to add! Cute paver patio on the west side of the house offers shade and privacy in an English garden setting. No hoa keeps your monthly payments lower along with no additional metro district taxes. Easy access for commuters and to shopping. Great home for your VA or FHA buyers looking for affordability. Home warranty included for additional peace of mind.
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| Jan 16, 2025 | Listed by Group Harmony | $395,000 | |
| Listed by Group Harmony | |||
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|
Cute cottage in the historic district of Firestone offering large shade trees, huge deck and outdoor living both in the back and side yard, and a spacious yard with 12' side gate (northwest side) for easy parking for RV, boat, toys, or additional cars. Abundant storage in the yard with separate fenced area next to the alley and a shed. Plenty of off-street parking with a circle drive at the front of the house. Two rooms on the main level could both be used as bedrooms (one is currently noted as an office), and additional finished space in the basement with egress windows could be one large rec room, or a studio suite with bedroom and large living area. Tongue-in-groove ceiling in the kitchen and dining area adds to the charm of this home. Gas forced air, swamp coolers and a wood stove allow options for comfort year round, newer water heater, new lift station for washer/dryer in basement, new gas meter, new roof in 2023 with three new skylights offers abundant light in the kitchen, electrical was redone in 2001 and included a new panel. This is one of the oldest homes in Firestone but has been lovingly updated through the years. Sprinkler system with drip lines for front and back yard make keeping this special yard in top shape. The back yard deck is the perfect place to entertain and to enjoy the shady quiet of a small town. There is a foundation for a hot tub and prewire on the back deck if that's a feature you'd like to add! Cute paver patio on the west side of the house offers shade and privacy in an English garden setting. No hoa keeps your monthly payments lower along with no additional metro district taxes. Easy access for commuters and to shopping. Great home for your VA or FHA buyers looking for affordability. Home warranty included for additional peace of mind.
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| Oct 5, 2024 | Listed | $420,000 | |
| Listed | |||
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Cute cottage in the historic district of Firestone offering large shade trees, huge deck and outdoor living both in the back and side yard, and a spacious yard with 12' side gate (northwest side) for easy parking for RV, boat, toys, or additional cars. Abundant storage in the yard with separate fenced area next to the alley and a shed. Plenty of off-street parking with a circle drive at the front of the house. Two rooms on the main level could both be used as bedrooms (one is currently noted as an office), and additional finished space in the basement with egress windows could be one large rec room, or a studio suite with bedroom and large living area. Tongue-in-groove ceiling in the kitchen and dining area adds to the charm of this home. Gas forced air, swamp coolers and a wood stove allow options for comfort year round, newer water heater, new lift station for washer/dryer in basement, new gas meter, new Class 4 roof in 2023 with three new skylights offers abundant light in the kitchen, electrical was redone in 2001 and included a new panel. This is one of the oldest homes in Firestone but has been lovingly updated through the years. Sprinkler system with drip lines for front and back yard make keeping this special yard in top shape. The back yard deck is the perfect place to entertain and to enjoy the shady quiet of a small town. There is a foundation for a hot tub and prewire on the back deck if that's a feature you'd like to add! Cute paver patio on the west side of the house offers shade and privacy in an English garden setting. No hoa keeps your monthly payments lower along with no additional metro district taxes. Easy access for commuters and to shopping. Great home for your VA or FHA buyers looking for affordability. Home warranty included for additional peace of mind.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017