505 Powell Street
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 |
|---|---|---|---|
| Sep 18, 2026 | Sold | ||
| Sold | |||
| Aug 29, 2026 | In contract | - | |
| In contract | |||
| Aug 20, 2026 | Listed by Remax Property Experts | $624,900 | |
| Listed by Remax Property Experts | |||
| Jan 10, 2024 | No longer available | - | |
| No longer available | |||
| Jan 9, 2024 | Listed by RE/MAX Property Experts | $579,000 | |
| Listed by RE/MAX Property Experts | |||
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Situated in the desirable Laurelwood neighborhood this home greets you with great curb appeal. Newly renovated kitchen with granite counter tops and laminate flooring through out the home. The open layout offers a great flow from the living room to the dining area and kitchen. The living room features a beautiful brick fireplace. Large windows in the dining area flood the space with natural light for you to enjoy your morning coffee. Off of the kitchen and dining area, you will find glass sliding doors to the large backyard with a covered patio area for entertaining and bar area. Conveniently located near shopping centers, parks, schools, dining and more. The manager has listed the unit size as 985 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017