37 College Road
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 |
|---|---|---|---|
| Sep 18, 2026 | Relisted | $7,500,000 | |
| Relisted | |||
| Sep 16, 2026 | No longer available | - | |
| No longer available | |||
| Mar 20, 2026 | Listed by Blu Wave Ventures | $7,500,000 | |
| Listed by Blu Wave Ventures | |||
| Sep 19, 2025 | No longer available | - | |
| No longer available | |||
| Dec 17, 2024 | Listed by Weichert Realtors | $10,500,000 | |
| Listed by Weichert Realtors | |||
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Opportunity knocks! This 3+ acre, zoned R25 property is 100% buildable, no wetlands, 2 road frontages, 175' on College Rd & Raoul Ct, is conveniently located in an upscale, pedestrian friendly neighborhood. Proximity to Route 59 (1/3 mile)and the NYS Thruway (1.8 miles), many schools, including RCC, make it a prime location. Property includes a 4 bedroom, 2 bath home. 7 lot subdivision in process with egress on College Rd and Raoul Ct.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017