71 Florence
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 20, 2026 | Sold | ||
| Sold | |||
| Dec 8, 2025 | In contract | - | |
| In contract | |||
| Oct 16, 2025 | Listed by Ideal Real Estate Services, Inc. | $325,000 | |
| Listed by Ideal Real Estate Services, Inc. | |||
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This well-maintained home sits on an 11,313 sq. ft. lot & offers a spacious layout in a convenient yet private location close to highways. Many major updates have already been done for you, including a metal roof (2017), vinyl siding (2011), boiler (2016), deck w/a sliding door (2016), carpet (2023) with hardwood floors underneath, kitchen floor (2025), replaced windows, and newer gutters. Home features 4 bedrooms, including a first-floor primary bedroom, 1 full bathroom, & plenty of closet space. The kitchen offers a large pantry & eat-in area, plus a separate dining room w/crown molding & French doors. The living room features crown molding & hardwood floors. Outdoor amenities include a deck, patio with pergola, newer pool (2019), & fully fenced yard. Additional highlights include a one-car garage, walk-out basement w/cold storage, &a pellet stove. All the expensive and hard work has been done for you—just bring your personal touches to make this your home sweet home.
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| Sep 16, 2014 | Sold | ||
| Sold | |||
| Apr 28, 2014 | Listed by Century 21 Hometown Associates | $152,000 | |
| Listed by Century 21 Hometown Associates | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017