59 Main Street
About This Property
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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%.
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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 |
|---|---|---|---|
| Oct 1, 2024 | Sold | ||
| Sold | |||
| Aug 13, 2024 | In contract | - | |
| In contract | |||
| Jun 20, 2024 | Listed by Houlihan Lawrence Inc. | $899,800 | |
| Listed by Houlihan Lawrence Inc. | |||
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Welcome to this stunning front porch Colonial featuring a majestic double-story entry foyer, blending elegance and modern living. Situated on half an acre of beautiful property, this home boasts 5 spacious bedrooms and 3 baths. The impressive entry leads to an living room, formal dining room, great room with fireplace, and modern eat-in kitchen with access to the rear yard. The main level includes a versatile bedroom/den, a full bath, and a convenient laundry room and garage access. Upstairs, the Primary Suite offers a separate shower, tub, double sink vanity, walk-in closet, and sitting area. Three additional bedrooms and a full hall bath complete the upper level. Additional features include hardwood floors throughout, cathedral/vaulted ceilings, two-car garage, landscaped yard, expansive stone patio, and custom fire pit. Experience timeless elegance and modern convenience in this exquisite Colonial home. Easy commute, and enjoy all Tappan offers.
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| Jun 30, 2022 | Sold | ||
| Sold | |||
| Apr 15, 2022 | Listed by Houlihan Lawrence Inc. | $749,000 | |
| Listed by Houlihan Lawrence Inc. | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017