406 Ferry 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 |
|---|---|---|---|
| Sep 24, 2025 | Sold | ||
| Sold | |||
| Aug 22, 2025 | In contract | - | |
| In contract | |||
| Aug 13, 2025 | Listed by Compass | $685,000 | |
| Listed by Compass | |||
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Welcome to your dream home! This single-family residence offers a spacious 2,170 sq feet of living space, thoughtfully designed with comfort and style in mind. With 3 generous bedrooms, all with large closets, and with 1.5 bathrooms, the main being fully renovated, this home perfectly balances elegance and functionality. The heart of the home is undoubtedly the fully renovated kitchen, thoughtfully planned out with high quality materials and brands featuring premium counters, a refined island, and stainless-steel appliances. The large open floor plan seamlessly blends style with practicality, always leaving you feeling connected to the rest of the home. Additional features include a fully finished basement, laundry room, new windows, new/refinished hardwood floors, an updated electrical system, a private patio, and an impressive 2 car garage for convenient parking and room for extra storage. With close proximity to the airport and public transit this home is in the perfect location!
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| Jun 11, 2020 | Sold | ||
| Sold | |||
| Mar 10, 2020 | Listed by Boston Local Properties, LLC | $449,000 | |
| Listed by Boston Local Properties, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017