723 N Main
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 |
|---|---|---|---|
| Mar 24, 2023 | Sold | ||
| Sold | |||
| Oct 17, 2022 | Listed by Lone Star Realty | $425,000 | |
| Listed by Lone Star Realty | |||
| Aug 4, 2020 | No longer available | - | |
| No longer available | |||
| Jun 23, 2020 | Price Decreased |
$495,000
↓ $44K
(8.2%) | |
| Price Decreased | |||
| Mar 9, 2020 | Listed | $539,000 | |
| Listed | |||
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Step back in time into this beautifully restored 1902 Prairie Style home with its architectural charm of high ceilings, hardwood floors, large baseboards, crown molding and plantation shutters throughout. In impeccable condition and exceptional quality, the first floor offers 4 living areas. A beautiful entry with fireplace, original front door and lead glass windows, as well as a music or study with triple French doors, a window filled sunroom, a 2003 addition of a large family room with a sitting area and fireplace as well as a formal dining room with custom painted murals and fireplace. Entertain in this fabulous kitchen with granite countertops, separate island, loads of cabinets and built ins, double gas range offering 8 burners, grill, pot filler, separate warming drawer, accordion pantry and a separate breakfast room and utility room and half bath. Second story offers a front entry stair case and rear stair case leading to 3 guest bedrooms, 2 full guest baths as well as a beautiful master suite with a fourth fireplace, large walk in closet, beautiful bath with double vanity, separate shower and Jacuzzi tub as well as an additional walk in closet. Third story is a large game room with half bath which could also be turned into a great media room. Each floor is zoned for heat and air. Property also boasts of 3 covered porches and an open patio, large 3 car garage, and storage shed. A new roof and exterior paint were completed in 2019. This simply stunning home with its exceptional craftsmanship is a must see! The manager has listed the unit size as 4634 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017