315 E Monroe Street
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 |
|---|---|---|---|
| Oct 31, 2025 | Sold | ||
| Sold | |||
| Oct 2, 2025 | In contract | - | |
| In contract | |||
| Sep 23, 2025 | Listed by Five Star Real Estate | $115,000 | |
| Listed by Five Star Real Estate | |||
| Sep 10, 2019 | Sold | ||
| Sold | |||
| Aug 14, 2019 | Listed by RE/MAX MID-MICHIGAN R.E. | $77,500 | |
| Listed by RE/MAX MID-MICHIGAN R.E. | |||
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This move-in ready Ranch home has been well cared for and has so much to offer! Convenient location within a well-kept neighborhood setting, easy access to I-94 (especially when the highway project concludes), great for commuters! Exceptionally clean, nice floorplan, very few steps, comfortable living space with lots of natural daylight throughout and everything is on one level! Updated feel, fresh paint throughout! Comfortable living room with a beautiful bay window (and possibility for a vaulted ceiling), spacious eat-in kitchen with generous counter space and lots of cabinets, convenient main level laundry, central air conditioning! Recent updates include a newer roof (approx. 6 yrs old), newer mechanicals, mostly newer windows, new blinds, new carpet in both bedrooms and new flooring in the bathroom. The covered back porch is perfect for relaxing and you’ll love the 24’x28’ detached garage! Enjoy more free time with the low maintenance exterior, yard and landscaping!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017