514 3rd Street
About This Property
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| May 19, 2026 | No longer available | - | |
| No longer available | |||
| Nov 17, 2025 | Listed by JLA Realty | $300,000 | |
| Listed by JLA Realty | |||
| | |||
|
Beautiful large level lot near the bay with expansive water views.
Close to Pier 6 Seafood and Oyster House, Topwater Grill, and other restaurants.
| |||
| Jan 16, 2025 | No longer available | - | |
| No longer available | |||
| Jun 21, 2024 | No longer available | - | |
| No longer available | |||
| Jun 20, 2024 | Listed by JLA Realty | $349,900 | |
| Listed by JLA Realty | |||
| | |||
|
Beautiful large level lot near the bay with expansive water views.
Close to Pier 6 Seafood and Oyster House, Topwater Grill, and other restaurants.
Seller willing to dividing the lots. Plat map attached
| |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017