48 Farries Avenue
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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 |
|---|---|---|---|
| Aug 14, 2026 | In contract | - | |
| In contract | |||
| May 21, 2026 | Price Decreased |
$579,000
↓ $56K
(8.8%) | |
| Price Decreased | |||
| May 6, 2026 | Listed by KW Hudson Valley United | $635,000 | |
| Listed by KW Hudson Valley United | |||
| Jul 9, 2017 | Listed | $337,500 | |
| Listed | |||
| | |||
|
Beautiful and welcoming home within easy walking distance to the quaint Village of Florida. Enter the home into the great room w/ cathedral ceilings & windows to the sky. Natural lighting makes this home a great place to come home to and relax. The Koi Pond gives many peaceful moments throughout the year. BBQ on your decks, Escape the sun with a power retractable awning and built-in canopy, Enjoy visiting with family and friends. Entertain in the 1st floor suite using the full kitchen as a wet bar, or keep it as an in-law suite. In addition to all this; The home offers 3 large bedrooms, including a master bedroom with a large walk-in closet, a den, foyer, 2 kitchens, 2 living rooms, 2 dining rooms, 3 full baths, central air, 4 zone heating. Great view of back yard & neighborhood. Powers out? No worries, you have a automatic natural gas generator! 2 Car garage, 2 private driveways and multiple entrances. The manager has listed the unit size as 3240 square feet.
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| Feb 27, 2002 | Sold | ||
| Sold | |||
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About Florida
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017