4140 48th Street
About This Property
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Cap Rate Calculator
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 17, 2025 | Relisted | $100,000 | |
| Relisted | |||
| Sep 10, 2025 | In contract | - | |
| In contract | |||
| Jul 9, 2025 | Listed by EXIT Right Realty | $110,000 | |
| Listed by EXIT Right Realty | |||
| Jun 16, 2024 | No longer available | - | |
| No longer available | |||
| Oct 23, 2023 | Listed by LPT REALTY | $90,000 | |
| Listed by LPT REALTY | |||
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Looking to build in paradise? Come purchase over half an acre and build your dream home. Close to beaches, shopping, restaurants & more! Call today to schedule a private tour of the grounds.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017