26
Map
48 Watson St
About This Property
Listed By
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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 |
|---|---|---|---|
| Sep 8, 2026 | In contract | - | |
| In contract | |||
| Aug 11, 2026 | Listed by Afonso Real Estate | $419,900 | |
| Listed by Afonso Real Estate | |||
| Oct 12, 2025 | No longer available | - | |
| No longer available | |||
| Jul 23, 2025 | Withdrawn | - | |
| Withdrawn | |||
| Apr 11, 2025 | Listed by Afonso Real Estate | $429,000 | |
| Listed by Afonso Real Estate | |||
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DON'T MISS THIS OPPORTUNITY! This colonial-style home was formally multifamily converted to a special single-family home. current renovations include new granite counter tops, appliances and shine tile flooring. First floor two spacious bedrooms, new kitchen, full bath including new tile shower flooring and cabinets. Second floor three spacious bedrooms and second full bath renovated the same to the first floor. BONUS lower-level futures kitchen, full bath and two rooms perfect for a teen suite or potential in-law apartment. Outside double driveways with room for 4 cars and spacious fending back yard. If you need more room, there is a third-floor attic can be finished.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017