391595 PROSPECT Landing
About This Property
The private primary suite includes vaulted ceilings, dual walk-in closets, spa-like bath, and porch access. A separate wheelchair-accessible guest dwelling with full kitchen, fireplace, private entrance, and parking makes this property truly one of a kind.
Enjoy the peaceful setting from the freeform pool with tanning shelf, LED lighting, and expansive paver deck -- all just minutes from the St. Marys River boat ramp and Ralph Simmons State Forest. Properties like this rarely come available!
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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 |
|---|---|---|---|
| Oct 6, 2026 | Price Decreased |
$997,000
↓ $58K
(5.5%) | |
| Price Decreased | |||
| Jul 6, 2026 | Price Decreased |
$1,055,000
↓ $100K
(8.7%) | |
| Price Decreased | |||
| Mar 7, 2026 | Listed by WATSON REALTY CORP | $1,155,000 | |
| Listed by WATSON REALTY CORP | |||
| Aug 5, 2004 | Sold | ||
| Sold | |||
| May 7, 2004 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017