408 Speed 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 |
|---|---|---|---|
| May 11, 2026 | Sold | ||
| Sold | |||
| Apr 11, 2026 | In contract | - | |
| In contract | |||
| Apr 1, 2026 | Price Decreased |
$170,000
↓ $15K
(8.1%) | |
| Price Decreased | |||
| Mar 15, 2026 | Listed by Anchored Real Estate Group | $185,000 | |
| Listed by Anchored Real Estate Group | |||
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Completely renovated from top to bottom, this beautifully updated three bedroom home offers modern comfort with peace of mind. The property features brand new siding and energy efficient windows that enhance both curb appeal and efficiency.
Inside, the home has been fully updated with all new electrical, plumbing, and a new sewer system, providing worry free living for years to come. A brand new HVAC system and water heater add to the home’s efficiency and reliability.
The thoughtfully redesigned interior offers a functional layout with updated finishes throughout. Every detail making it feel fresh, modern, and move in ready.
This is the perfect opportunity to own a fully updated home where everything has already been done for you.
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| Sep 2, 2025 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017