875 PROSPECT 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%.
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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 20, 2025 | Price Decreased |
$89,000
↓ $16K
(15.2%) | |
| Price Decreased | |||
| Sep 23, 2025 | Price Decreased |
$105,000
↓ $15K
(12.5%) | |
| Price Decreased | |||
| Aug 27, 2025 | Listed | $120,000 | |
| Listed | |||
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Nice size single family home with 3 bedrooms and 1 full bathroom. Partially fenced in, fully fenced in backyard, needs a front driveway gate to make the yard fully fenced in.
Roof - Permitted October 2019 (6 years old)
HVAC - 3 years old
Water heater - 1 year old
Plumbing - some cast iron piping under home leading into bathroom and kitchen, and some PVC piping updated along the years as needed.
Brand new sub flooring installed in the last year throughout entire house except bedroom with carpet.
New floors & brand new carpet installed in the last year. Only one bedroom closest to the kitchen has carpet, all other rooms have vinyl flooring.
Large laundry room with washer and dryer hook ups.
HUGE BACKYARD WITH ENDLESS OPPORTUNITIES!!
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| Mar 7, 2023 | Listed by FLORIDA HOMES REALTY & MORTGAGE PROPERTY MANAGEMENT | $97,000 | |
| Listed by FLORIDA HOMES REALTY & MORTGAGE PROPERTY MANAGEMENT | |||
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SELLERS WILL NOT ACCEPT ANYTHING LESS THAN LIST PRICE!!
This is a 3 bedroom, 1 bathroom home on a fully fenced-in 60 foot wide by 130 feet deep lot. Great, spacious and split floor-plan with a large indoor laundry room. There is also a fairly large eat-in kitchen.
Central heat and air system is 1 year new.
Roof is 3.5 years new.
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| Apr 6, 2018 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017