551 North Street
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 |
|---|---|---|---|
| Aug 15, 2025 | Sold | ||
| Sold | |||
| Jul 24, 2025 | In contract | - | |
| In contract | |||
| Jul 16, 2025 | Listed | $514,900 | |
| Listed | |||
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From the moment you arrive, this home’s inviting charm and thoughtful layout make it feel like a place where memories are made. The spacious kitchen provides plenty of room for both everyday cooking and gathering with loved ones, while the dedicated dining room is ideal for hosting dinners or enjoying a quiet morning breakfast. The 3-season porch brings the outdoors in—offering the perfect spot for your morning coffee, an evening read, or relaxed conversations with guests, no matter the season. Both bedrooms are comfortably sized and filled with natural light, and the updated bathroom features classic, timeless finishes. Upstairs, an unfinished room provides the perfect blank canvas. Step outside to a peaceful and private yard that feels like your own personal retreat. Whether it’s summer barbecues, gardening, or simply unwinding, this outdoor space is ready for it all. If you’ve been searching for a home that is move in ready with room to make it your own—this gem is not to be missed!
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| Dec 27, 2022 | Sold | ||
| Sold | |||
| Nov 23, 2022 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017