422 3rd 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 |
|---|---|---|---|
| Jul 2, 2026 | Sold | ||
| Sold | |||
| Jun 17, 2026 | In contract | - | |
| In contract | |||
| Apr 8, 2026 | Listed by My Castle Realty | $237,457 | |
| Listed by My Castle Realty | |||
| Sep 9, 2022 | Sold | ||
| Sold | |||
| May 26, 2022 | Listed by Fallon & Co | $240,000 | |
| Listed by Fallon & Co | |||
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Gorgeous single story home with 3 bedrooms and 2 bathrooms. There is carpet in the bedrooms and vinyl flooring in the remainder of the home. It has been FEMA elevation certified and there is Techshield roof decking, 3rd party energy and design testing, Borate termite treatment on frame, Frigidaire appliances, LED lighting throughout and an irrigation system. NOTE: The pictures are what it will look like with the exception of the exterior color will be PPG Dover Gray and Thin Ice trim. This charming home will be completed end of July.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017