85 Howe 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 |
|---|---|---|---|
| Jul 11, 2025 | Sold | ||
| Sold | |||
| Jun 12, 2025 | In contract | - | |
| In contract | |||
| Jun 3, 2025 | Listed | $799,000 | |
| Listed | |||
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Don’t miss this beautifully updated Cape set in a peaceful setting. The main level features an open-concept newly renovated kitchen and dining area. A spacious mudroom with direct garage access adds convenience and a brand-new full bath brings modern comfort. Enjoy the cozy sitting area that opens to a back deck, or relax in the living room. The second floor features 3 generous bedrooms with a fully renovated bathroom. The spacious lower level can be used as an office, playroom or living space, containing ample storage, a dedicated laundry room, and outdoor access. Behind the scenes there is a new energy efficient Mitsubishi heat pump system, 5 new remote controlled skylights with Velux blinds, 200 Amp electrical service, and a fully fenced yard. Additionally, the attached garage contains a Chargepoint car charger. The location is unmatched - within minutes of 3 commuter rail stations and all major highways, while also maintaining a secluded feel. Too many updates to list!
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| Sep 22, 2022 | Sold | ||
| Sold | |||
| Aug 18, 2022 | Listed by Oak Realty | $599,900 | |
| Listed by Oak Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017