79 South 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 23, 2025 | Sold | ||
| Sold | |||
| Apr 9, 2025 | In contract | - | |
| In contract | |||
| Apr 4, 2025 | Relisted | $904,000 | |
| Relisted | |||
| Mar 6, 2025 | In contract | - | |
| In contract | |||
| Feb 26, 2025 | Listed | $1,825,000 | |
| Listed | |||
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Come for the exclusive South St address, stay for the amazing home & private yard on nearly a 1/2 acre lot! Set back approx 60' from the street, see the charm of this home immediately as you walk through the double front doors. Abundant light & an open circular floor plan make entertaining a breeze. Living room opens to family rm where lg double doors showcase the massive backyard, surrounded by mature trees for privacy. Outside has - Irrigation, stone patio, hot tub, built-in fridge, firepit & chef grill, piped in w/ a natural gas line & indoor/outdoor surround sound. Return into the home via the large tiled mud room area w/ half bath and leave all dirt at the door. Updated stainless kitchen w/ island has swinging door to dining rm. Upstairs has a primary suite w/ cathedral ceilings, windows overlooking backyard and a full bath w/ skylight, 3 add'l lg bdrms & another full bath. 2 yr old roof! Call for private showings!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017