31 Prospect Ave
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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 6, 2024 | Sold | ||
| Sold | |||
| Oct 16, 2024 | In contract | - | |
| In contract | |||
| Oct 8, 2024 | Listed by Westcott Properties | $415,000 | |
| Listed by Westcott Properties | |||
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Experience the eclectic charm of 31 Prospect Ave, a unique home set privately off the road with stone walls flanking the driveway. The maintenance-free exterior & recently updated septic offer convenience, while the artistically designed yard features mulch beds & vibrant garden creating a picturesque retreat. * Inside, the open floor plan spans three levels, with two bedrooms on separate floors for added privacy. The spa-like bath boasts elegant tile & a sliding barn door, while the modern kitchen is complete with granite countertops, a tile backsplash, stainless steel appliances, & an upright washer/dryer. Hardwood floors, recessed lighting, central AC, front & rear patios, including a bluestone paver patio, make this home a perfect blend of style & comfort. A truly special property not to be missed!
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| Feb 28, 2022 | Sold | ||
| Sold | |||
| Jan 12, 2022 | Listed by REO 3000 | $305,000 | |
| Listed by REO 3000 | |||
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Address: 335 Madison Avenue, New York, NY 10017