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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 |
|---|---|---|---|
| Nov 15, 2019 | Sold | ||
| Sold | |||
| Mar 4, 2014 | Sold | ||
| Sold | |||
| Mar 29, 2010 | Sold | ||
| Sold | |||
| Feb 9, 2010 | Listed by Sagan Harborside Sotheby's International Realty | $725,000 | |
| Listed by Sagan Harborside Sotheby's International Realty | |||
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Renovate this classic summer cottage to add your signature. Located off Harbor Avenue, the house, with partial water views, is located near both yacht clubs. Built in 1910, there are nine rooms, plus a wrap-around porch.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017