6
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3540 COMMONWEALTH Avenue
About This Property
The property has recently undergone extensive clearing and cleanup, making the lot easier to walk, view and evaluate. Bring your plans and explore the possibilities!
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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 |
|---|---|---|---|
| Sep 16, 2026 | Listed by DESTINY REAL ESTATE | $39,900 | |
| Listed by DESTINY REAL ESTATE | |||
| Jan 5, 2002 | Listed by WATSON REALTY CORP | $85,000 | |
| Listed by WATSON REALTY CORP | |||
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GREAT OPPORTUNITY*IN GOOD LOCATION*IDEAL OFFICE FOR REAL ESTATE, LEGAL, TAXSERVICE, ACCOUNTANT, EVEN A DAY CARE*PROPERTY HAS LIVING, DINING ROOM PLUS 3BR/1BA AND KITCHEN*COMMERCIAL CCG-2*SOLD ''AS IS''*
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017