311 College Ave
About This Property
The galley-style kitchen includes a cozy breakfast area and convenient access to the home's main living spaces, making it ideal for everyday living and entertaining. The family room and all upstairs bedrooms are enhanced with plantation blinds for added style and privacy.
A huge utility room and convenient half bath are located on the main level. Upstairs, you'll find three bedrooms, providing a functional layout for families and guests.
Step outside to enjoy the extended covered patio overlooking the private, fully fenced backyard. A double gate provides easy access to a large workshop, offering excellent space for hobbies, storage, projects, or additional workspace.
This property combines indoor comfort, outdoor enjoyment, and practical amenities in a highly desirable corner-lot setting.
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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 |
|---|---|---|---|
| Aug 19, 2026 | In contract | - | |
| In contract | |||
| Jul 23, 2026 | Price Decreased |
$320,000
↓ $25K
(7.3%) | |
| Price Decreased | |||
| Jun 12, 2026 | Listed by Watters International Realty | $345,000 | |
| Listed by Watters International Realty | |||
| Jan 31, 2020 | No longer available | - | |
| No longer available | |||
| Nov 28, 2019 | Price Decreased |
$249,900
↓ $9K
(3.5%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017