48 Middlegate 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 |
|---|---|---|---|
| Oct 9, 2026 | Listed by NuTerra Real Estate Group | $6,550,000 | |
| Listed by NuTerra Real Estate Group | |||
| Sep 17, 2025 | Sold | ||
| Sold | |||
| Aug 11, 2025 | In contract | - | |
| In contract | |||
| Aug 9, 2025 | Listed by Compass | $6,198,000 | |
| Listed by Compass | |||
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Immaculate & timeless best describes this CUSTOM 5BD/ 3.5BA Belgian Tudor style home designed by Stephen Pogue & built by Farrell Co Construction in 2015. Ideally located on a QUIET lane in prestigious West Atherton, this exceptional home features a fantastic floor plan with high ceilings, and oversized windows & French doors offering tons of natural light as well as views and access to the beautiful, mature surrounding garden. Elegant Living and Dining Rooms; Gourmet Kitchen with island and breakfast bar; cozy Family Room. Incredible vaulted ceiling Primary Suite with walk-in closet offers a luxurious bathroom with double sink vanity, soaking tub and spacious stall shower finished in white Carrera marble. Lower level/basement features a huge second Family Room with kitchenette, impressive temperature controlled Wine Cellar, 2nd laundry room, 2 bedrooms and one bathroom. Other quality features include: 10' Ceilings, Custom Cabinetry, Radiant Heat, Marvin Windows & Doors, Hardwood Floors, Marble finished bathrooms, high end European Fixtures. Gorgeous garden features Bluestone Patio with Gas Fire Pit, covered Loggia, and professionally designed landscaping in front a backyards.
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| May 3, 2023 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017