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3300 Baylor Street
About This Property
Oversized corner lot ready to be divided into 2 parcels. Currently features a 528 sq ft home that needs significant repairs, ideal as a holding asset or future development project. Corner location offers flexible access and layout options. Priced for land value and development upside. Buyer to verify zoning and lot split requirements.
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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 |
|---|---|---|---|
| Jun 9, 2026 | Sold | ||
| Sold | |||
| May 17, 2026 | In contract | - | |
| In contract | |||
| May 8, 2026 | Listed by Monument Realty | $100,000 | |
| Listed by Monument Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017