23
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385 Province
About This Property
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Cap Rate Calculator
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 25, 2026 | Listed by Profound New England Real Estate | $425,000 | |
| Listed by Profound New England Real Estate | |||
| Sep 23, 2026 | Price Decreased |
$425,000
↓ $50K
(10.5%) | |
| Price Decreased | |||
| Aug 20, 2026 | Relisted | $475,000 | |
| Relisted | |||
| Aug 7, 2026 | In contract | - | |
| In contract | |||
| Jul 28, 2026 | Listed by Profound New England Real Estate | $475,000 | |
| Listed by Profound New England Real Estate | |||
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Unique 30 acre property featuring 2 substantial buildings offering over 12,000 sqft of mixed finished + unfinished space. Whether your vision includes residential rentals, commercial use, workshop space, storage, or a mixed-use investment, this property provides the flexibility to bring your ideas to life! Building 1 (located in the back) currently features 2 residential apartments above an expansive multi-bay garage and oversized workshop. Building 2 (closest to the road) offers unfinished residential space above a lower-level garage, office and woodworking shop. Set on 30 acres, the land features a private pond surrounded by wetlands, adding a natural buffer & peaceful setting. Please note that this is a significant renovation project requiring finishing, repairs, and updated permitting for future uses. Due to the property's condition, cash or rehabilitation financing only. This is an ideal opportunity for investors, contractors, or buyers looking to build equity through improvements and redevelopment. Sold as-is, including most items inside/outside, minus any items of sentimental attachment to Seller. Buyer to do their own due diligence relative to future uses.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017