35-b Allen Place
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 |
|---|---|---|---|
| Jul 24, 2026 | Listed by New Home Network | $2,399,900 | |
| Listed by New Home Network | |||
| Jun 5, 2026 | Listed by New Home Network | $2,599,000 | |
| Listed by New Home Network | |||
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Desirable lifestyle location being so close to the harbor, marina and beaches, ZBA Approved and ready to go! Quality custom designed home features a 2 story great room, enormous kitchen/dining area, pantry, home office, generous mud area. High ceilings throughout, private primary suit across a catwalk to the additional bedrooms. 2 car garage and a huge full unfinished basement. This lot is NOT in the flood plain and free from conservation and stormwater jurisdiction! The plan and footprint approved was intentionally oversized to be able to have the ability to alter the plans for a custom design if desired- there are ENDLESS opportunities to design larger or smaller on this lot. Not a lot of opportunities come along in this area! Full service builder from start to finish with an established team.
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| Dec 19, 1986 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017