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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 13, 2025 | Sold | ||
| Sold | |||
| Mar 31, 2025 | In contract | - | |
| In contract | |||
| Feb 21, 2025 | Price Decreased |
$715,000
↓ $5K
(0.7%) | |
| Price Decreased | |||
| Jan 22, 2025 | Price Decreased |
$720,000
↓ $15K
(2%) | |
| Price Decreased | |||
| Jan 1, 2025 | Listed | $735,000 | |
| Listed | |||
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A delightful single-family ranch home nestled in highly desirable West Peabody. This well-maintained property offers a perfect blend of comfort, functionality, and charm. A welcoming living room greets you as you enter, with large windows allowing natural light to fill the space. The open concept design flows seamlessly into the dining area, creating an ideal space for both everyday living and entertaining guests. Enjoy preparing meals in the updated kitchen, complete with all your cooking essentials, tons of countertop space, an abundance of cabinetry for storage and breakfast bar. Spacious and sunlit rooms throughout, including three generously-sized bedrooms that offer ample closet space. Step outside to your private backyard, perfect for pets or hosting outdoor gatherings. The patio area provides a great space for summer BBQs, while the lawn is perfect for games or pets. Ample parking with the garage and large paved driveway. Easy access to RT-1 and I-95.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017