305 Strong St
About This Property
Why settle for one home when you can have two? This charming Victorian residence and detached ADU are located just a block off of Brighton's Main Street. The location offers the convenience of urban living with all of the character and charm of historic downtown. Walkable to several restaurants, breweries, retail shops, and situated directly across from the new performing arts center, the potential possibilities are endless. The main home was just updated with new luxury vinyl flooring, fresh paint, new stainless appliances and boasts an abundance of natural light. The original house could function as a 5 bed, 2 bath or the bonus room could be converted to an office, or lock-off studio (3rd unit) for rental income. Between the primary structure and ADU, is an oversized garage with plenty of workspace, room for toys and/or vehicles. At the back of the lot, you'll find the ADU with fenced yard, fresh interior paint, full kitchen, bath, dedicated washer/dryer and extra large lofted bedroom. The property has Brighton's flexible DT (Downtown) zoning allowing for retail, entertainment, civic, residential (apartments), office, service uses and more. Whether you are looking for a place to call home for multi generational living, house-hack, a turnkey long (or short) term rental, or a live/work space: look no further!
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Cap Rate Calculator
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 26, 2025 | Sold | ||
| Sold | |||
| Jun 24, 2025 | In contract | - | |
| In contract | |||
| Jun 22, 2025 | No longer available | - | |
| No longer available | |||
| May 12, 2025 | Price Decreased |
$450,000
↓ $15K
(3.2%) | |
| Price Decreased | |||
| Apr 25, 2025 | Price Decreased |
$465,000
↓ $30K
(6.1%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017