1012 E 46th Street
About This Property
The bright and airy floorplan features a welcoming living room anchored by a classic brick fireplace and flanked by picture windows that draw in soft natural light. The dining area flows into a stunning remodeled kitchen, complete with custom cabinetry, quartz counters, and a floor to ceiling pantry offering exceptional storage. A charming breakfast nook overlooks the backyard, creating the perfect morning retreat.
Each of the three spacious bedrooms includes oversized windows that frame the lush grounds and bring the outside in. Both bathrooms have been fully remodeled with timeless finishes, including custom vanities, elegant tilework, and updated fixtures throughout.
Step outside into an oversized backyard that feels like a private sanctuary. A mature shade tree creates a natural canopy, and the expansive lawn offers endless possibilities from garden parties to play spaces or even future additions. Whether you are hosting or simply unwinding, this outdoor space is as functional as it is peaceful.
Additional upgrades include a newer roof, dual pane windows, upgraded electrical panel and wiring, and a central air conditioning system. The attached two car garage adds convenience, while the vibrant Bixby Knolls community offers boutique shops, local restaurants, weekly farmers markets, art walks, and nearby parks all just blocks away-OFFERS DUE AT 5PM TUESDAY AUGUST 4TH
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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 1, 2025 | Sold | ||
| Sold | |||
| Aug 9, 2025 | In contract | - | |
| In contract | |||
| Jul 28, 2025 | Listed by Keller Williams Pacific Estate | $1,099,000 | |
| Listed by Keller Williams Pacific Estate | |||
| Sep 23, 2022 | Sold | ||
| Sold | |||
| May 12, 2022 | Listed by Kennedy Wilson Real Estate Sales & Marketing | $735,500 | |
| Listed by Kennedy Wilson Real Estate Sales & Marketing | |||
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Probate Sale! Estate of Margaret Larson. This 2 bed; 2 bath Single Family Home features +/-1,473 Sq Ft of living space, +/-7,535 Sq Ft lot, APN: 7135-012-003. NO INTERIOR INSPECTIONS. Property is occupied and occupant is not paying rent. The property will be delivered occupied at the closing and purchaser will assume all responsibility for the occupant/eviction, etc. There is no inspection contingency. This Property is offered together with improvements thereon as is, where is, with no warranty expressed or implied.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017