50 Pleasure Drive
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 |
|---|---|---|---|
| Oct 30, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| Aug 27, 2025 | Price Decreased |
$139,000
↓ $11K
(7.3%) | |
| Price Decreased | |||
| Jul 2, 2025 | Price Decreased |
$150,000
↓ $24K
(13.8%) | |
| Price Decreased | |||
| Jun 13, 2025 | Listed by Z Wisdom Realty Inc. | $174,000 | |
| Listed by Z Wisdom Realty Inc. | |||
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Investor Special – Unlock the Potential! This is the diamond in the rough you’ve been waiting for! Nestled on a generous .33 -acre lot with an additional adjoining .56 acre lot included, this property offers endless possibilities with over 2,300+ sq ft of space ready to be reimagined. With the potential to be transformed into a stunning 6-bedroom, 2-bath dream home, this is a blank canvas for your next big project. Whether you’re an investor looking for your next profitable flip or a homeowner ready to create your forever home from the ground up, the opportunity here is undeniable. Bring your contractor, your vision, and your creativity—this home is priced for transformation and ready for a complete renovation. This property has solid bones and serious upside. Properties like this don’t come around often—seize the chance to turn potential into profit or passion! This one is ready to be reborn into something beautiful!
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| Dec 7, 2024 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017