715 Nell Street
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 |
|---|---|---|---|
| May 21, 2026 | Sold | ||
| Sold | |||
| Apr 28, 2026 | In contract | - | |
| In contract | |||
| Apr 7, 2026 | Price Decreased |
$239,900
↓ $5K
(2%) | |
| Price Decreased | |||
| Mar 13, 2026 | Price Decreased |
$244,900
↓ $5K
(2%) | |
| Price Decreased | |||
| Jan 24, 2026 | Listed by eXp Realty LLC | $249,900 | |
| Listed by eXp Realty LLC | |||
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Fully renovated from top to bottom, this 4-bedroom, 2-bathroom home brings space, flow, and modern updates together on a generous 11,316 sq ft lot. Built on a solid slab foundation with durable Hardie board siding, the home features a bright open layout anchored by a central living room and connected kitchen/dining areas. The entire interior has been upgraded — new roof, plumbing, electrical, kitchen, bathrooms, and central air. The layout offers privacy with separated bedroom wings and multiple full baths for flexibility. A fully fenced backyard adds room to enjoy the outdoors. Located in a deed-restricted neighborhood with public water and sewer access.
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Property Highlights
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017