650 Mapes Road
About This Property
The following uses are permitted (as revised August 2013, Ord. 1296):
One detached single-family dwelling
Small family day care homes
Residential care facilities (per Chapter 19.84)
Supportive and Transitional Housing (in compliance with provisions of the R10,000 Zone)
Single Room Occupancy (SRO) facilities (per Chapter 19.28.070.E, MFR-22)
Other similar uses: As approved by the Director of Development Services, as
provided by Chapter 19.54, AUTHORITY AND REVIEW
PROCEDURES.
19.22.030 USES SUBJECT TO A CONDITIONAL USE PERMIT
The following uses shall be allowed subject to obtaining a Conditional Use
Permit, as provided by Chapter 19.61, CONDITIONAL USE PERMITS:
Churches and religious institutions
Convalescent and senior home facilities, including home for the aged
Mobile home parks
Public and semi-public institutions and facilities
Schools and educational institutions
Other similar uses: As approved by the Director of Development Services, as
provided by Chapter 19.54, AUTHORITY AND REVIEW
PROCEDURES.
ADMINISTRATIVE PERMIT
The following uses shall be allowed subject to obtaining a permit, as provided by
Chapter 19.83, Child Care Facilities:
Large family day care homes
PROHIBITED USES
The following uses shall be prohibited:
Commercial uses
Industrial uses
Large animals
Monopoles or similar wireless communications towers or facilities
Storage facilities greater than 120 square feet in size
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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 30, 2025 | Sold | ||
| Sold | |||
| Sep 18, 2025 | In contract | - | |
| In contract | |||
| Sep 8, 2025 | Listed by NEST REAL ESTATE | $520,000 | |
| Listed by NEST REAL ESTATE | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017