33 Prospect Avenue
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%.
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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 |
|---|---|---|---|
| Jun 1, 2026 | Sold | ||
| Sold | |||
| Mar 4, 2026 | In contract | - | |
| In contract | |||
| Oct 24, 2025 | Price Decreased |
$715,000
↓ $24K
(3.3%) | |
| Price Decreased | |||
| Sep 24, 2025 | Listed by BERKSHIRE HATHAWAY | $739,000 | |
| Listed by BERKSHIRE HATHAWAY | |||
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This charming 3-bedroom Colonial sits on a rare 160-foot-deep property in one of Lynbrook’s most sought-after neighborhoods, just steps from the middle school, within walking distance to Grant Park, and conveniently south of Sunrise Highway. The first floor offers a warm and inviting layout featuring beautiful French doors leading into the living room with hardwood floors. The granite kitchen showcases brand-new stainless steel appliances and opens into the formal dining room and living room. A dedicated office space is perfect for today’s work-from-home lifestyle, while a first-floor bedroom that easily fits a king bed adds comfort and flexibility. Sliding doors lead to a backyard deck overlooking an open, landscaped yard with new fencing, offering endless potential for a pool, garage, or custom outdoor oasis. Upstairs, you’ll find two generously sized bedrooms. The primary suite boasts cathedral ceilings, an oversized walk-in closet, and space for a king bed. The home includes two full bathrooms, with the upstairs bath featuring a relaxing jetted tub. Recent updates also include new flooring, a brand-new washer/dryer, a new hot water heater, and recessed lighting. Additional storage is available in the attic, while the basement provides even more functionality and space. The property features a large driveway with plenty of parking. This is a rare opportunity to own a move-in-ready home with character, modern updates, and room to grow in a highly desirable location. Please note: This property is located on Prospect Avenue, south of Sunrise Highway (not North Prospect).
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| Nov 14, 2023 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017