59 Nelson Road
About This Property
Major upgrades include new 200-amp electrical service, new roof, new water heater, new interconnected smoke detector system, new central heating and cooling system, and recently cleared cesspool lines. Energy Star rated and NYSERDA qualified. New washer and dryer installed. It includes a clean, full size unfinished basement with a separate outside entrance. Set on a massive nearly 1-acre lot with a concrete patio. Located near shopping centers, schools and golf courses.
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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 |
|---|---|---|---|
| Mar 13, 2026 | Sold | ||
| Sold | |||
| Jan 28, 2026 | In contract | - | |
| In contract | |||
| Jan 28, 2026 | Price Increased |
$720,000
↑ $51K
(7.6%) | |
| Price Increased | |||
| Jan 14, 2026 | Listed by D B Austin Realty Inc | $669,000 | |
| Listed by D B Austin Realty Inc | |||
| Dec 27, 2025 | Withdrawn | - | |
| Withdrawn | |||
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About Selden
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$4,250 /mo
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- 1,972 ft²
$4,500 /mo
- 4 Beds
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017