502 Main St
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 22, 2026 | In contract | - | |
| In contract | |||
| Apr 2, 2026 | Price Decreased |
$495,000
↓ $5K
(1%) | |
| Price Decreased | |||
| Jan 27, 2026 | Listed | $500,000 | |
| Listed | |||
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Experience modern living on nearly 4.8 acres with this brand-new, never-lived-in 4-bedroom, 2-bathroom home. Oversized 2 car garage that could fit 3 cars inside. The garage has an attached Lean-to that is 10x24 that would have approximately 960 Sq. Ft. total. featuring an inviting open floor plan perfect for entertaining. The bright kitchen is equipped with new energy-efficient appliances, while the Ecobee smart thermostat ensures effortless climate control and year-round comfort. With wide-open space, modern convenience, and move-in-ready appeal, this home offers the ideal blend of comfort, style, and privacy. The address is on the outside of town. (502 Main St).
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| Nov 26, 2025 | Listed by Real Estate Connections, Inc | $500,000 | |
| Listed by Real Estate Connections, Inc | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017