3915 Flagle St
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 |
|---|---|---|---|
| May 28, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| Mar 17, 2025 | Relisted | $245,000 | |
| Relisted | |||
| Mar 2, 2025 | No longer available | - | |
| No longer available | |||
| Jan 4, 2025 | Price Decreased |
$245,000
↓ $4K
(1.6%) | |
| Price Decreased | |||
| May 15, 2024 | Listed by Somos Real Estate | $249,000 | |
| Listed by Somos Real Estate | |||
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Large lot located on the Westside close to St. Mary's University. The property is level and mostly cleared. Current zoning allows for up to 25 units, however the property is flanked by two commercial uses and could be up-zoned to increase density or change land use. This property could make a good townhouse or apartment development, but the size & location lends itself to the possibility of several different types of uses. Walking distance to Roosevelt Elementary and just minutes to downtown. The property is located in a qualified census tract (QCT), which makes it eligible for certain development opportunities.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017