4
Map
772 Davidson 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 |
|---|---|---|---|
| Oct 19, 2026 | Listed by Nan & Company Properties - Corporate Office (Heights) | $599,000 | |
| Listed by Nan & Company Properties - Corporate Office (Heights) | |||
| Aug 13, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Jul 23, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Jul 22, 2026 | Listed by Nan & Company Properties - Corporate Office (Heights) | $643,500 | |
| Listed by Nan & Company Properties - Corporate Office (Heights) | |||
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An exceptional development opportunity comprising two combined parcels (772/774) totaling approximately 0.9994 acres, fully platted for 16 residential lots. Ideally positioned for a thoughtfully designed single-family or townhome community, this offering presents immediate upside for builders and investors seeking scale in a high-growth corridor. The site is cleared, level, and development-ready, significantly reducing upfront site work and accelerating project timelines. Located within Highland Heights Annex 6, the property is surrounded by active new constrctuon and ongoing revitalization, signaling strong demand and continued appreciateion potential. With continued development momentum in hte surrounding area and limited availability of similarly sized, pre-platted tracts, this is a rare opportunity to capitalize on both location and scale.
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| Jun 20, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017