1023 Olive Avenue
About This Property
An ideal floorplan with Great Room and separate Dining area. Features include Neutral Carpet, Lighted Ceiling Fans, Raised Baseboards, Tile Floors, 2 Fireplaces, Tankless water heater, + Much More. A 1300 SF deck is perfect for entertaining and overlooks the fenced Pool/Spa and Horse Facilities. For the horse enthusiasts there is a 120 x90 ft Lighted Arena, three 24 x 24 ft shaded corrals, a 50 ft bull pen, feed barn and Amish built storage shed. Spacious garage is approx. 600 SF with 11 ft ceilings and an oversized driveway with parking for 6 vehicles.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Mar 11, 2026 | Sold | ||
| Sold | |||
| Feb 12, 2026 | In contract | - | |
| In contract | |||
| Jul 17, 2025 | Listed by ReMax Direct | $1,129,000 | |
| Listed by ReMax Direct | |||
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FARM TO TABLE starts here at this modern Farmhouse. Room for HORSES or if you've dreamed of having your own FARM and living off the land and/or are looking for MULTIPLE FAMILY living, this is it. 2 1/2 acres at the end of a quiet country lane set up for farm animals, HORSES and AQUAPONIC GREENHOUSE to grow your own organic vegeatables. Separate ADU for extended family, caretaker or extra rental income. On well water and PAID FOR SOLAR with backup batteries for LOW utility costs. INGROUND POOL AND SPA. 2 car garage PLUS 2 car carport PLUS tons of parking. This IS NOT just another pretty house.
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| Jul 11, 2025 | Price Decreased |
$1,135,000
↓ $5K
(0.4%) | |
| Price Decreased | |||
| Jul 4, 2025 | Price Decreased |
$1,140,000
↓ $5K
(0.4%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017