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Cap Rate Calculator
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 4, 2026 | Sold | ||
| Sold | |||
| Apr 14, 2026 | In contract | - | |
| In contract | |||
| Apr 8, 2026 | Listed by KW Coastal and Lakes & Mountains Realty | $498,000 | |
| Listed by KW Coastal and Lakes & Mountains Realty | |||
| Aug 20, 2025 | Sold | ||
| Sold | |||
| Jun 18, 2025 | Listed by RE/MAX Innovative Properties | $489,900 | |
| Listed by RE/MAX Innovative Properties | |||
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Charming Updated Ranch in Convenient Derry Location! Welcome to this beautifully updated 3-bedroom, 1-bath ranch-style home nestled in a Derry neighborhood with easy access to Route 28, shopping, and local amenities. This home has seen extensive upgrades over the past two years, offering move-in-ready comfort and peace of mind. Step inside to discover a new kitchen and bathroom, refinished hardwood floors, and fresh interior paint throughout. The exterior shines with new vinyl siding, a new roof, and a newly paved driveway. Enjoy the outdoors from your brand-new back deck, perfect for relaxing or entertaining. Additional features include a full walk-out basement offering great potential for expansion, storage, or a workshop. Whether you're a first-time buyer, downsizing, or looking for single-level living with modern updates, this home checks all the boxes! Don't miss this turn-key opportunity in a desirable Derry location — schedule your showing today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017