480 Main/6a
About This Property
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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 27, 2026 | Sold | ||
| Sold | |||
| Apr 17, 2026 | In contract | - | |
| In contract | |||
| Apr 14, 2026 | Price Decreased |
$1,399,900
↓ $65K
(4.4%) | |
| Price Decreased | |||
| Mar 30, 2026 | Price Decreased |
$1,464,900
↓ $26K
(1.7%) | |
| Price Decreased | |||
| Mar 11, 2026 | Listed by Foran Realty, Inc. | $1,490,900 | |
| Listed by Foran Realty, Inc. | |||
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Tucked away on 1.74 private acres in desirable Dennis Village, this home offers the perfect blend of tranquility and convenience--walk to the village and bike to nearby beaches. Inside, gleaming hardwood floors lead to a beautiful dine-in kitchen with island, ideal for casual meals and gatherings. The fireplaced living/dining room creates an inviting space while the three-season porch adds a relaxing spot to enjoy the peaceful surroundings. The first-floor primary suite features an ensuite bath and walk-in closet, offering comfortable one-floor living. A mudroom with laundry completes the first level. Upstairs are two bedrooms and a full bath, while a spacious fourth bedroom with a ¾ bath sits above the oversized two-car garage. Enjoy relaxing on the deck with a power awning overlooking the private yard. Additional features include central air, generator, outdoor shower, and two storage sheds. Numerous updates in recent years and a brand new Title V septic system being installed soon.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017