501 Butte Court
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 20, 2026 | Sold | ||
| Sold | |||
| Apr 28, 2026 | In contract | - | |
| In contract | |||
| Mar 30, 2026 | Listed by Watson Realty | $550,000 | |
| Listed by Watson Realty | |||
| Jan 13, 2020 | No longer available | - | |
| No longer available | |||
| Dec 11, 2019 | Listed | $359,500 | |
| Listed | |||
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Great 3 bedroom plus office and 3 bath home on a large culdesac lot in Almond Grove Estates. The home has a nice sized pool, covered patio out back, 3 car garage with 8 foot tall doors, RV parking with a covered carport, block wall fencing, dog run and kennel, and a nice front porch. Th RV parking is extremely large with custom wrought iron gate and is cross fenced separate from the rest of the back yard. Inside the home you'll find a split wing floor plan with nice wood tile floors throughout the majority of the home. There's a large great room and dining area with a nice sized kitchen that overlooks everything. The walk in pantry is HUGE!! The master bedroom is truly a retreat fit for a king and queen. The office has great dual glass French doors, but if you need an extra bedroom you could easily convert this to the fourth bedroom. The other bedrooms share a Jack and Jill bathroom , but they each have their own separate sink and vanity area. This is an absolutely amazing home!! The manager has listed the unit size as 2555 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017