722 Main St
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 |
|---|---|---|---|
| Dec 11, 2025 | Sold | ||
| Sold | |||
| Nov 4, 2025 | In contract | - | |
| In contract | |||
| Nov 3, 2025 | Listed by Keller Williams Realty | $475,000 | |
| Listed by Keller Williams Realty | |||
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This sweet little home with almost FIVE acres of land is seeking a new owner with some vision and a willingness to do some sweat equity! A classic 1880s bungalow, the home still sports its beautiful 5" hardwood trim and we suspect the original fir floors may be under the laminate floors. Beautiful original hardwood doors still remain and the 8' ceilings give the smaller space a more expansive feel. Windows have been updated, and the home has a new roof! Natural gas and town water and a full basement with washer and dryer offers plenty of storage. An adorable covered front porch and rear elevated deck would be ideal for warm summer days. In addition to the home, this property comes with a second lot offering a huge 4.71 acres of additional land for potential development, second home (or 3rd) home, or the ultimate boutique farm.
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| Oct 23, 2023 | Sold | ||
| Sold | |||
| Sep 4, 2023 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017