65 Locust Avenue
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 |
|---|---|---|---|
| Jul 9, 2025 | Sold | ||
| Sold | |||
| Jun 6, 2025 | In contract | - | |
| In contract | |||
| May 28, 2025 | Listed | $3,975,000 | |
| Listed | |||
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Presenting a spectacular 2023 turnkey property, offering unparalleled privacy while exuding warmth & comfort. Effortlessly surpassing new construction, this home is exceptional. Wide plank floors, designer lighting, gorgeous millwork, large windows, and loaded with custom cabinetry. This property truly stands out, featuring custom window treatments, designer lighting, & a fenced yard for immediate enjoyment. You’ll notice meticulous craftsmanship throughout. The kitchen is designed to be enjoyed, with a walk-in pantry providing the perfect spot to keep all your everyday appliances ready for use, but out of sight. The first floor features an office designed for two & a spacious mudroom. The family room is stunning, anchored by a two-sided fireplace with a sophisticated porcelain wall, flanked by white oak shelving. The 2nd floor has a primary sanctuary, complete with fireplace+ 3 add'l ensuite bedrooms. The walkout lower level has a dedicated gym, bedroom, bath + great room.
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| May 23, 2023 | Sold | ||
| Sold | |||
| Apr 13, 2023 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017