812 Bishop Street
About This Property
Upstairs features four additional bedrooms and a second full bathroom, providing plenty of space for a larger household, guests, or a home office setup. The home does need some updating but offers a great opportunity to build equity while preserving its original character.
Exterior highlights include a covered front porch, back deck, small yard, blacktop driveway, and a detached 2-car garage for additional storage and parking.
Property is being sold as-is, with all contents remaining.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Aug 5, 2026 | Sold | ||
| Sold | |||
| Jun 3, 2026 | In contract | - | |
| In contract | |||
| May 15, 2026 | Listed by Howard Hanna Professionals - Olean | $84,500 | |
| Listed by Howard Hanna Professionals - Olean | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017