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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 10, 2025 | Sold | ||
| Sold | |||
| Jan 29, 2025 | In contract | - | |
| In contract | |||
| Jan 14, 2025 | Listed by Hampton Sales & Rentals Corp | $599,000 | |
| Listed by Hampton Sales & Rentals Corp | |||
| | |||
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Welcome to 424 Marcy avenue River head, move in condition many updates including but not limited to newer roof (approximately eight years) new carpet in primary bedroom new floors on lower level large kitchen with stainless appliances full basement detached heated two car garage with large finished loft over it with heat with endless possibilities, short distance to town fine restaurants and shopping!
| |||
| Apr 18, 2013 | Sold | ||
| Sold | |||
| Jan 8, 2013 | Listed by Town And Country Real Estate | $304,000 | |
| Listed by Town And Country Real Estate | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017