48 Broad Street
About This Property
5-Burner Stove, Refrigerator and Dishwasher. Master bedroom, Walk-in Closet with Custom shelves. Amazing Master Bath with Onyx Tiles, step in Shower, Custom Vanity and Crown Moldings. LED Lighting throughout. Multi zone Central Air through 5 Sanyo Split Air Systems. Custom tile flooring in keeping with the style of the home. New Windows, Doors, and Blinds. LG Washer & Dryer on 2nd floor. Newer Roof, Newer Tankless Hot Water Heater. Basement has new French drain and sump pump. Can accommodate a quick closing! schedule your viewing appointment today!!!
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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 |
|---|---|---|---|
| Oct 1, 2026 | Price Decreased |
$799,900
↓ $20K
(2.4%) | |
| Price Decreased | |||
| Aug 30, 2026 | Price Decreased |
$819,900
↓ $15K
(1.8%) | |
| Price Decreased | |||
| Aug 13, 2026 | Price Decreased |
$834,900
↓ $30K
(3.5%) | |
| Price Decreased | |||
| Jun 30, 2026 | Price Decreased |
$864,900
↓ $35K
(3.9%) | |
| Price Decreased | |||
| Apr 22, 2026 | Listed by American Realty Associates | $899,900 | |
| Listed by American Realty Associates | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017