489 Prospect 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 |
|---|---|---|---|
| Dec 21, 2022 | No longer available | - | |
| No longer available | |||
| Dec 19, 2022 | Sold | ||
| Sold | |||
| Nov 6, 2022 | In contract | - | |
| In contract | |||
| Oct 21, 2022 | Listed by eXp Realty, LLC | $937,500 | |
| Listed by eXp Realty, LLC | |||
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This 7-Bedroom, 3 Full Bath & Three Half Bath Home Will Make You A Proud Owner! Modernly Updated While Still Keeping Its Charm of Original, Classical & Artistic Finishes Featuring Natural Light Throughout. The 1st Fl Features: Sitting Rm, Two Powder Rm's, Two Offices. A Chef's Kitchen w. Granite Countertops (installed in Feb. 22') A Great Sized Galley Pantry with tall glass cabinets. A Mesmerizing 3 Season Enclosed-Patio, Formal DR, LR, Extra Rm Referred To As "Music Rm . The 2nd Fl features 5 Bedrooms & 3 Full Baths. Both Of The Large Bed's Have Full Baths & One of Them Has An L-Shaped Den/ That Can Be Turned to WIC. The 3rd Fl Walk-Up To Attic 6th Bedroom, A Huge Bonus Room(possible 7th BR) plus Closet/Storage Rms. Driveway Wraps Around in Back of Property Fits About 7 Cars W. Access At The Right & Left Side Of House. Updates You Will Love! Front Porch Flooring Done Summer of 22'. Home Freshly Painted In Summer/ Fall of 22' (exterior & interior) Multi-zoned heat. Newer Appliances (except for chef's stove & restaurant oven over it) New Roof & Gutters Over Enclosed Patio Summer of 22'. Lower Roofs Only Summer of 22'. Home Converted to Gas Nov 21'. Electrical Panel Upgrade 2014 & Added A Second Panel. New Electricity Done Removed Old Knob And Tube in 2016. Nov 21' New Chimney Re-Aligned and Capped. Nov 21' Furnace Replaced Heat Diverts to new 50 Gal. Water Tank. Location Of This Home Is A Bonus, Located Just 14 Miles From NYC; Minutes From Rt3; Rt46; Rt 21; & The GS Pkwy! The manager has listed the unit size as 3888 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017