473 College Drive
About This Property
The current layout features 2 bedrooms, 2 bathrooms, and 2 living areas, with one living space serving as a multifunctional den that could be used as an office, game room, or additional gathering area. A brand-new roof will be installed, adding value and peace of mind for the next owner.
With its brick exterior, flexible floor plan, and convenient location near ACU, this home has great potential for the right buyer willing to make improvements and create something special.
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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 |
|---|---|---|---|
| Mar 30, 2026 | Sold | ||
| Sold | |||
| Mar 16, 2026 | In contract | - | |
| In contract | |||
| Mar 10, 2026 | Listed by KW SYNERGY* | $185,000 | |
| Listed by KW SYNERGY* | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017