388 Prospect Drive
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 12, 2025 | Sold | ||
| Sold | |||
| Apr 30, 2025 | Listed by Empire Realty Group | $179,900 | |
| Listed by Empire Realty Group | |||
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Welcome to this spacious 3-bedroom, 2-bath Cape Cod nestled on a peaceful street in the heart of the village. This classic two-story home offers timeless charm with modern comfort, featuring a bright and inviting layout perfect for families or anyone seeking a serene retreat. The home includes a generous living area, well-appointed kitchen, and a convenient 2-car garage. Enjoy the tranquility of village living with the convenience of nearby shops, schools, and parks. Walk to the Wayne County Fair and Parade. Open House Sunday May 4th from 12pm to 1:30pm with delayed until Tuesday May 6th at 12pm.
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| Jun 5, 2020 | Sold | ||
| Sold | |||
| Mar 16, 2020 | Listed by Hunt Real Estate ERA/Columbus | $134,900 | |
| Listed by Hunt Real Estate ERA/Columbus | |||
| Jan 13, 2017 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017