409 PROSPECT 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%.
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 |
|---|---|---|---|
| Apr 30, 2025 | Sold | ||
| Sold | |||
| Apr 1, 2025 | Listed | $334,900 | |
| Listed | |||
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Move right into this well-maintained-home with numerous upgrades! The roof is just 7 years old and has the added advantage of solar panels to help with those monthly energy bills. The home also boasts newer windows, new kitchen flooring, and a freshly tarred U-shaped drive way with ample parking. Enjoy the spacious, fully fenced backyard, perfect for relaxing. Inside, you'll find a full bath both upstairs and on the lower level, offering added convenience. Located in a prime area, this home is just minutes from restaurants, shopping centers, doctors' offices and public transportation. Don't miss out on this opportunity -schedule your appointment today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017