427 Prospect Street
About This Property
Detached 2 car garage with workspace and blacktop driveway with plenty of parking. Well-maintained property with a garden area, close to Outwater Park and adjacent to Aaron Mossell Middle School.
Upgrades within the last year include; main sewer line from the street to inside, basement drain, glass block window in basement, 40-gallon hot water tank, whole house water filter, cup rinser in kitchen, ethernet ports in every room, ring camera in the back yard, drop ceiling in 1st floor bedroom and 2nd floor return ductwork,
You won't find many 1+ acre lots in the city, so don't miss this one.
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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 |
|---|---|---|---|
| Feb 18, 2025 | Sold | ||
| Sold | |||
| Jan 6, 2025 | In contract | - | |
| In contract | |||
| Nov 30, 2024 | Listed by Berkshire Hathaway Homeservices Zambito Realtors | $205,000 | |
| Listed by Berkshire Hathaway Homeservices Zambito Realtors | |||
| | |||
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Well-maintained 3 bedroom, 2 bath colonial on a huge, fully fenced city lot. A fully applianced kitchen, formal dining room, large living room, and enclosed patio room offer plenty of space for living and entertaining. 1st-floor laundry, bedroom, and full bath lend themselves to single-story living.
Detached 2 car garage with workspace and blacktop driveway with plenty of parking. Well-maintained property with a garden area, close to Outwater Park and adjacent to Aaron Mossell Middle School.
Upgrades within the last year include; main sewer line from the street to inside, basement drain, glass block window in basement, 40-gallon hot water tank, whole house water filter, cup rinser in kitchen, ethernet ports in every room, ring camera in the back yard, drop ceiling in 1st floor bedroom and 2nd floor return ductwork,
You won't find many 1+ acre lots in the city, so don't miss this one.
| |||
| Oct 18, 2023 | Sold | ||
| Sold | |||
| Aug 4, 2023 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017