48 Charles Street
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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 |
|---|---|---|---|
| May 3, 2026 | Listed by RE/MAX INNOVATION | $300,000 | |
| Listed by RE/MAX INNOVATION | |||
| Feb 17, 2026 | Listed by RE/MAX Innovation | $300,000 | |
| Listed by RE/MAX Innovation | |||
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Build your dream home on this prime corner lot at the corner of Ruth Place in the highly sought-after Freneau section of Aberdeen Township. Generous 150x100 (approx. 15,000 square ft) property offering excellent long-term potential in an established neighborhood with a small stream at the rear of the lot. Enjoy a convenient location close to major commuter routes, transportation, shopping, and dining, while still maintaining a peaceful residential setting. Buyer to perform all due diligence. All zoning, permits, utilities and approvals to be verified with Aberdeen Township. Seller makes no representations as to approvals or intended use. Train is 1.5 miles and bus is 0.5.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017