55 Florida 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 |
|---|---|---|---|
| Feb 24, 2026 | Sold | ||
| Sold | |||
| Jan 20, 2026 | In contract | - | |
| In contract | |||
| Dec 4, 2025 | Relisted | $140,000 | |
| Relisted | |||
| Nov 27, 2025 | In contract | - | |
| In contract | |||
| Nov 14, 2025 | Listed by William Raveis R.E. & Home Services | $299,000 | |
| Listed by William Raveis R.E. & Home Services | |||
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Nestled in Springfield’s historic McKnight neighborhood—known as part of the beloved “City of Homes”—this beautifully preserved Victorian exudes timeless charm and character! Currently used as a single-family but once a multi-family, the possibilities are endless. The exterior has been meticulously maintained, showcasing the pride of ownership and respect for this home’s architectural heritage. Inside, soaring ceilings and gracious proportions greet you throughout the main level. The large eat-in kitchen opens to an oversized dining room, perfect for entertaining. A pocket French door leads to the formal living room with wood-burning fireplace, while an adjacent room now serves as a main-floor bedroom with two closets. A refreshed full bath completes this level. Upstairs, you’ll find three spacious bedrooms, another updated bath, and potential for a second kitchen with porch access. Clean, bright basement with laundry area. Truly a gem of McKnight!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017