405 PROSPECT STREET
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 |
|---|---|---|---|
| Jul 18, 2025 | Sold | ||
| Sold | |||
| Jul 5, 2025 | In contract | - | |
| In contract | |||
| May 20, 2025 | Price Decreased |
$385,000
↓ $15K
(3.7%) | |
| Price Decreased | |||
| Apr 4, 2025 | Listed | $399,900 | |
| Listed | |||
| | |||
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Welcome to 405 Prospect St, a charming Cape Cod home nestled at the end of a quiet dead-end street in La Plata—offering both privacy and convenience with no HOA! This beautifully maintained 3-bedroom, 2-bath home features a renovated kitchen and baths, neutral colors throughout, and a bright sunroom that leads to a spacious composite deck. Enjoy energy-efficient new windows, a privacy-fenced yard, and a large Amish shed with electric—perfect for storage or a workshop. The well-landscaped lot includes dual driveways, providing ample parking. With plenty of space inside and out, this home is a rare find in a desirable location. Schedule your showing today!
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| Dec 30, 2015 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017