55 Farley Ave
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 |
|---|---|---|---|
| Jan 30, 2025 | Sold | ||
| Sold | |||
| Nov 19, 2024 | In contract | - | |
| In contract | |||
| Nov 13, 2024 | Listed by Churchill Properties | $1,189,000 | |
| Listed by Churchill Properties | |||
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Tucked back at the end of a cul de sac, you'll find this very unique pristine contemporary home with a flexible floor plan on a 1+ acre lot! Separate entrance townhouse style legal accessory unit plus studio space over heated 2 car garage offers income possibilities or multi-generational living! An oversized deck wraps around this 6 bed 4.5 bath property and overlooks the private wooded landscape and is accessible by both units! Cathedral ceilings welcome you into the living/dining room combo of each unit with a cozy fireplace in the apartment. The main home also offers primary suite on first level, updated kitchen with half bath and three additional bdrms, full bath, laundry and bonus family room in the lower level. The apartment features a large bedroom and full bath as well as an oversized laundry/storage space. Excellent location close to town, shops, restaurants, Crane Beach, major highways, Train Station and more! Bonus - Brand New Furnace! Don't miss this one-of-a-kind home
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| Jan 19, 2017 | Sold | ||
| Sold | |||
| May 6, 2016 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017