501 Phillips Circle
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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 |
|---|---|---|---|
| Sep 30, 2025 | Sold | ||
| Sold | |||
| Sep 3, 2025 | In contract | - | |
| In contract | |||
| Aug 15, 2025 | Listed by TX Lake & Land Real Estate | $225,000 | |
| Listed by TX Lake & Land Real Estate | |||
| Aug 5, 2022 | Sold | ||
| Sold | |||
| Jun 7, 2022 | Listed by Shirley Roberts Real Estate | $209,000 | |
| Listed by Shirley Roberts Real Estate | |||
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BACK ON THE MARKET! Very Motivated Sellers! The appraisal price was $218k! Charming home located near downtown Kaufman. This home features spacious bedrooms! Over half of the garage was converted into a bonus room or a 4th bedroom. The front part of the garage is used for storage. A large backyard and across the street from this home is an open field that Kaufman plans to one day develop into a park.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017