516 2nd 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 |
|---|---|---|---|
| Nov 7, 2025 | Sold | ||
| Sold | |||
| Sep 7, 2025 | Price Decreased |
$524,000
↓ $4K
(0.8%) | |
| Price Decreased | |||
| Aug 16, 2025 | Listed by BAR ONE REALTY | $528,000 | |
| Listed by BAR ONE REALTY | |||
| Jan 21, 2022 | Sold | ||
| Sold | |||
| Dec 10, 2021 | Listed by Group Mulberry | $489,900 | |
| Listed by Group Mulberry | |||
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This 4 bedroom 2 1/2 bath 2 story with 3 car garage and covered front porch has full landscaping, sprinkler system and fenced back yard. Built in 2018, it is in excellent condition. Enjoy the large kitchen with a center island and pantry. 9' ceilings add charm to the great room. There are 4 bedrooms up along with the laundry room. Primary bedroom has a full bath. Partial unfinished basement. Great neighborhood in Tailholt subdivision in Severance. Easy to show with 2 hour notice.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017