3612 Prather Court
About This Property
The heart of the home boasts a spacious living area with rich paneling, elegant 6-inch baseboards, and soaring 10-foot ceilings. A formal dining room sets the stage for memorable gatherings, and a dedicated home office-tucked behind pocket doors-offers a quiet space for remote work or study. Upstairs, a large bonus room with a half bath provides the perfect retreat for movie nights, gaming, or hobbies.
Enjoy outdoor living under the expansive covered patio, surrounded by a shaded backyard with mature trees and an 8x12 storage shed. Recent updates include a new roof (2021), water heater (2022), and AC unit (2022), providing comfort and peace of mind.
Thoughtfully designed for multi-generational living and entertaining, this well-maintained home offers space, privacy, and style in a prime location.
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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 8, 2025 | Sold | ||
| Sold | |||
| Jun 15, 2025 | In contract | - | |
| In contract | |||
| Jun 11, 2025 | Listed by Tero Real Estate | $449,000 | |
| Listed by Tero Real Estate | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017