39
Map
501 St John Drive
About This Property
Please note that the fireplace is currently considered nonfunctional and should not be used unless inspected and approved by a qualified technician.
The property is tenant-occupied with a lease in place through August 9, 2026, offering an opportunity for investors seeking immediate rental income. Information provided is believed to be reliable but is not guaranteed. Buyers and their representatives are encouraged to independently verify all information, including measurements, features, and school districts.
Showings are by appointment only and require a minimum of 24 hours' notice. Please do not disturb the tenant outside of confirmed showing appointments.
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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 |
|---|---|---|---|
| Aug 26, 2026 | Sold | ||
| Sold | |||
| Aug 6, 2026 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017