605 Clearview Drive
About This Property
This home is being sold strictly as-is. Utilities are currently not connected, and both A/C units are not in working order. Buyer to verify all information, including square footage and any repair needs. A great opportunity for the right buyer looking for space, privacy, and sweat-equity potential at a great price!
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Cap Rate Calculator
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 29, 2026 | In contract | - | |
| In contract | |||
| Sep 19, 2026 | Price Decreased |
$225,000
↓ $50K
(18.2%) | |
| Price Decreased | |||
| Aug 28, 2026 | Listed by Greater Downtown Realty dba Keller Williams Realty | $275,000 | |
| Listed by Greater Downtown Realty dba Keller Williams Realty | |||
| Dec 8, 2023 | No longer available | - | |
| No longer available | |||
| Nov 15, 2023 | Price Decreased |
$275,000
↓ $15K
(5.1%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017