638 Main St
About This Property
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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 |
|---|---|---|---|
| Feb 2, 2026 | Sold | ||
| Sold | |||
| Dec 11, 2025 | In contract | - | |
| In contract | |||
| Dec 3, 2025 | Price Decreased |
$655,000
↓ $20K
(3%) | |
| Price Decreased | |||
| Oct 20, 2025 | Listed by ERA Key Realty Services- Fram | $675,000 | |
| Listed by ERA Key Realty Services- Fram | |||
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Imagine a fully updated cape within walking distance to downtown, the Marathon and Ashland state park trails. From the moment you pull in you see the fully mature landscaped yard with outdoor decks and gorgeous garden areas. The first floor features an eat in kitchen, dining room, living room, full bath and expansive sunroom. Second floor showcases three bedrooms with an expansive primary bedroom and an updated full bathroom. Finished basement gives you room to expand and a great play or office area. Updated heat system, roof, electric service, siding, windows, deck, patios, fence all to make this move in ready.
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| Apr 26, 2019 | Sold | ||
| Sold | |||
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Address: 335 Madison Avenue, New York, NY 10017