505 August Street
About This Property
Inside, the home feels warm and inviting, with a simple layout that's easy to maintain and make your own. Outside, the oversized property provides plenty of space for parking, outdoor living, gardening, or future improvements.
With its generous lot size and cozy interior, this property is ideal for first-time buyers, investors, or anyone looking for a home with room to grow.
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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 9, 2026 | Listed by Double J Real Estate | $125,000 | |
| Listed by Double J Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017