351 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%.
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 |
|---|---|---|---|
| May 4, 2022 | Sold | ||
| Sold | |||
| May 16, 2018 | Sold | ||
| Sold | |||
| Apr 26, 2018 | Listed by Naples Realty Group | $129,000 | |
| Listed by Naples Realty Group | |||
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Vinyl sided five bedroom, one bath home with front porch on a nice level lot with city water, city sewer. The first floor has an eat in kitchen with pantry and a back porch. Dining room and living room with hardwood floors and original woodwork. A full bath and one bedroom with hardwood floors - no closet, complete the first floor. Upstairs has four bedrooms - two of them do not have closets. No heat on second floor. Full basement. Over-sized one-car detached garage. This diamond in the rough is just waiting for someone to make it shine again. This property is being sold "AS IS" - "WHERE IS"
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017