407 POMONT Avenue
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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%.
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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 |
|---|---|---|---|
| Aug 7, 2026 | Sold | ||
| Sold | |||
| Jul 17, 2026 | In contract | - | |
| In contract | |||
| May 21, 2026 | Listed by LIGHTHOUSE REALTY ASSOCIATES | $379,000 | |
| Listed by LIGHTHOUSE REALTY ASSOCIATES | |||
| Sep 4, 2025 | Listed | $375,000 | |
| Listed | |||
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This fully updated home at 407 Pomont Ave is just a few miles from the heart of downtown. It boasts a newer metal roof, 2024 AC & water heater, and all brand-new stainless steel appliances. Enjoy the custom masonry wood-burning fireplace & pizza oven, perfect for entertaining. Relax on the 2025 screened front porch. Additional updates include a full replumb with PEX in 2024, termite bond, and city water (with well for irrigation). The septic system was pumped & drain field replaced in 2024. Average power bill: $120-$150, water bill: $30. Xfinity cable/Wi-Fi. Bonus: Extra tile included to match floors throughout.
This move-in-ready, fully updated gem is in a prime locationâ€''schedule a showing today!
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About St. Johns
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017