1034 Wallace Avenue
About This Property
This lovely home is tucked away on a quiet dead-end street just minutes from 5 Corners in Rotterdam. Enjoy a beautifully updated kitchen, hardwood floors, and upgraded vinyl windows throughout. A screened-in sunroom off the kitchen offers the perfect spot to relax and enjoy the peaceful surroundings. The property also features a large backyard with plenty of privacy, an electric garage door, low Mohonasen taxes, and public sewer.
With some additional updates and personal touches, this home can truly shine-don't miss the chance to make it your own!
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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 |
|---|---|---|---|
| Apr 14, 2026 | Sold | ||
| Sold | |||
| Feb 16, 2026 | In contract | - | |
| In contract | |||
| Feb 12, 2026 | Listed by Howard Hanna Capital Inc | $235,000 | |
| Listed by Howard Hanna Capital Inc | |||
| Dec 10, 2025 | In contract | - | |
| In contract | |||
| Dec 4, 2025 | Listed | $225,000 | |
| Listed | |||
| | |||
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This lovely home is tucked away on a quiet dead-end street just minutes from 5 Corners in Rotterdam. Enjoy a beautifully updated kitchen, hardwood floors, and upgraded vinyl windows throughout. A screened-in sunroom off the kitchen offers the perfect spot to relax and enjoy the peaceful surroundings. The property also features a large backyard with plenty of privacy, an electric garage door, low Mohonasen taxes, and public sewer.
With some additional updates and personal touches, this home can truly shine—don't miss the chance to make it your own!
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Property Highlights
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About Rotterdam
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017