1001 Sunset Drive
About This Property
Even better, approximately $63,000 in improvements have been invested while preserving the character that makes this home so special. Major updates include a new roof and gutters, replaced central heat and air, electrical upgrades associated with the HVAC system, GFCIs added in the kitchen and bathrooms, new lighting, selective rewiring, new flooring in areas, and extensive interior and exterior painting and preparation completed with the assistance of a general contractor.
Inside, the warm wood tones and distinctive ceilings immediately draw your attention. Spacious living areas, abundant natural light and the home's unique architectural details create an atmosphere that feels both comfortable and one-of-a-kind. The kitchen retains a wonderful mid-century personality and offers an opportunity to enjoy its vintage character or add your own contemporary touches.
This isn't a cookie-cutter home. It's an opportunity to own a true piece of 1960s contemporary design-filled with character, thoughtfully improved and ready for its next chapter.
If you've been waiting for a home that's different from everything else on the market, this may be the one.
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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 8, 2026 | Sold | ||
| Sold | |||
| Aug 23, 2026 | In contract | - | |
| In contract | |||
| Aug 17, 2026 | Listed by Pam Robinson Real Estate | $127,000 | |
| Listed by Pam Robinson Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017