30
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1023 Monroe Street
About This Property
The expansive eat-in kitchen is truly the heart of the home, featuring a 5-burner gas cooktop, island, built-in microwave and oven, and abundant counter space. Seamlessly connected to the dining room, living room, patio, and garage, the layout makes everyday living and entertaining effortless. The main living room features a fireplace and beautiful outdoor views, creating a warm and inviting space to gather. A convenient half bath and dedicated first-floor laundry room add everyday functionality for guests and daily living. The first-floor primary suite offers vaulted ceilings, private patio access, dual vanities, a garden tub, a separate shower, and a dual-entry walk-in closet.
Upstairs, you'll find 3 generously sized secondary bedrooms, a full bath, and the oversized family room that creates the perfect additional gathering space. Enjoy a large backyard, oversized patio, and newly added storage shed. The two-car garage features epoxy flooring and Level 2 EV charging capability. Additional updates include the removal of popcorn ceilings throughout the home. Just a short walk to Ford Park with trails, playgrounds, sports courts, and a community pool, plus minutes from Watters Creek and The Village at Fairview.
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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 |
|---|---|---|---|
| Sep 12, 2026 | Price Decreased |
$465,000
↓ $10K
(2.1%) | |
| Price Decreased | |||
| Aug 1, 2026 | Price Decreased |
$475,000
↓ $10K
(2.1%) | |
| Price Decreased | |||
| Jun 10, 2026 | Price Decreased |
$485,000
↓ $14K
(2.8%) | |
| Price Decreased | |||
| May 20, 2026 | Listed by Dave Perry Miller Real Estate | $499,000 | |
| Listed by Dave Perry Miller Real Estate | |||
| Oct 28, 2024 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017