310 Covington Road
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 |
|---|---|---|---|
| Dec 12, 2025 | Relisted | $81,900 | |
| Relisted | |||
| Nov 14, 2025 | Price Decreased |
$81,900
↓ $11K
(12.2%) | |
| Price Decreased | |||
| Nov 14, 2025 | In contract | - | |
| In contract | |||
| Oct 30, 2025 | Price Decreased |
$93,268
↓ $60K
(39.1%) | |
| Price Decreased | |||
| Oct 26, 2025 | Listed | $153,226 | |
| Listed | |||
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(LOT 3) Discover the perfect blend of peace, privacy, and natural beauty on this 6.662-acre property. Mostly cleared and ready for your dream home, this expansive tract offers endless possibilities - whether you envision a private estate, hobby farm, or weekend retreat. Pond on property. LOT 4 IS ALSO AVAILABLE (300 COVINGTON RD).
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017