21
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42 Rela Avenue
About This Property
Enjoy a great location close to schools, shopping, major highways, the ferry to the train into NYC, and numerous parks and hiking trails. Close to within walking distance to Peck's Pond Park. Nearby Bowline Park, located along the Hudson River, offers two swimming pools, a water slide, pickleball, picnic areas, and more. Enjoy all that the surrounding area has to offer.
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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 17, 2026 | In contract | - | |
| In contract | |||
| Aug 31, 2026 | Price Decreased |
$439,900
↓ $20K
(4.4%) | |
| Price Decreased | |||
| Aug 1, 2026 | Listed by Molinaro Assoc RE & Appraiser | $459,999 | |
| Listed by Molinaro Assoc RE & Appraiser | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017