505 N Neu Drive
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 |
|---|---|---|---|
| Aug 3, 2026 | Price Decreased |
$459,900
↓ $10K
(2.1%) | |
| Price Decreased | |||
| Jun 24, 2026 | Listed by Agape and Associates LLC | $469,900 | |
| Listed by Agape and Associates LLC | |||
| Aug 24, 2023 | Sold | ||
| Sold | |||
| Aug 2, 2023 | Listed by THE REAL ESTATE COMPANY | $399,900 | |
| Listed by THE REAL ESTATE COMPANY | |||
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Single story living in the wonderful Lindsay community! Fantastic floor plan that encompasses four bedrooms and two full baths in a split bedroom arrangement. The 12 x 6 foyer leads to a spacious family room, while the kitchen overlooks the family room and flows into the dining area. The kitchen island provides dual sinks, breakfast bar and quartz countertops. No worries on window treatments - home provides blinds on all windows. Primary suite includes a large walk in closet. Property has full sod, a sprinkler system and gutters.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017