55 Prospect Avenue
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, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| Aug 27, 2025 | Listed by Access | $1,499,999 | |
| Listed by Access | |||
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Perched high on Strawberry Hill, this 5-bedroom, 3.5-bath home offers postcard-worthy views of Minot’s Light. The chef’s kitchen boasts quartzite countertops and stainless steel appliances, while multiple living spaces include a formal living room with wood-burning fireplace, piano room, family room and a loft with soaring 12’ ceilings. The 2024 addition seamlessly blends with the home’s original character through reclaimed wood floors and hand-turned newels. A mudroom off the kitchen adds convenience, while bedrooms are thoughtfully laid out to provide privacy and space for all. Retreat to the spacious primary suite with a marble-accented bath, or relax outdoors on the expansive deck with sweeping views. Updates include new roof and shingles, new chimney and cap. A rare combination of history, craftsmanship, and modern updates, this coastal retreat offers elevated living just minutes from Hull’s beaches.
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| Nov 21, 2014 | Sold | ||
| Sold | |||
| Apr 1, 2014 | Listed by Hammond Residential | $529,900 | |
| Listed by Hammond Residential | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017