740 12th 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 |
|---|---|---|---|
| Mar 14, 2025 | Sold | ||
| Sold | |||
| Feb 6, 2025 | In contract | - | |
| In contract | |||
| Aug 30, 2024 | Listed by LIV Sotheby's International Realty | $2,200,000 | |
| Listed by LIV Sotheby's International Realty | |||
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Gorgeous home nestled in the prestigious Chautauqua area. Making only its second appearance on the market, this gem is set on a spacious .29 acre lot surrounded on three sides by a charming stone wall. The stately exterior welcomes you to a home brimming with character, featuring leaded glass fan light and side lights (windows) around the front door, original built-ins and woodwork, gleaming refinished hardwood floors, new interior paint and an abundance of natural light from the large original double-hung windows. With 4 bedrooms, 2 1/2 baths, a beautiful staircase off the foyer, large formal living and dining rooms, upper and main level sunrooms, and two-brick fireplaces, this home offers both comfort and elegance. Outdoors, you'll find a grapevine-draped arched arbor, multiple outdoor spaces, and a delightful playhouse. The 2-car tandem garage and additional parking in back make this property a rare find in the neighborhood. Just a couple blocks from historic Chautauqua Park and trails, and close to Flagstaff Mountain, University Hill, HWY 36, and 93, this location offers easy access to both nature and city amenities.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017