612 87th Ave
About This Property
Listed By
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| May 1, 2026 | Sold | ||
| Sold | |||
| Apr 10, 2026 | In contract | - | |
| In contract | |||
| Dec 5, 2025 | Listed | $438,500 | |
| Listed | |||
| | |||
|
**SPECIAL FINANCING AVAILABLE** The Arizona is a spacious 3-bedroom, 2-bath ranch home offering 1,444 finished square feet and an additional 1,444 square feet of unfinished basement space, providing plenty of room for customization. The open and inviting floor plan boasts 10-foot ceilings in the kitchen, dining room, and living areas, creating a sense of expansiveness throughout the home. The Primary bedroom, located at the back of the house, features a generous walk-in closet. A charming covered front porch and a sizable 2-car garage add to the appeal of this popular design. If you're a fan of open-concept living, this is a must-see home!
| |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017