640 Annabelle Ave
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 |
|---|---|---|---|
| Oct 8, 2026 | In contract | - | |
| In contract | |||
| Aug 20, 2026 | No longer available | - | |
| No longer available | |||
| Aug 20, 2026 | Listed by eXp Realty | $130,000 | |
| Listed by eXp Realty | |||
| Jan 15, 2026 | Price Decreased |
$130,000
↓ $30K
(18.8%) | |
| Price Decreased | |||
| Feb 19, 2025 | Listed by eXp Realty | $160,000 | |
| Listed by eXp Realty | |||
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This beautiful 1.01-acre lot is ready for you to build your custom dream home in a private and serene setting. Located in a gated neighborhood, you'll also enjoy fantastic community amenities, including a pool, playground, and courts for tennis, pickleball, and basketball. Don't miss this incredible opportunity to create your perfect home in a peaceful and well-equipped community!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017