38
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1051 Cavender Road SE
About This Property
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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 18, 2026 | Listed by Flipper McDaniel & Associates | $209,000 | |
| Listed by Flipper McDaniel & Associates | |||
| Apr 8, 2026 | No longer available | - | |
| No longer available | |||
| Mar 11, 2026 | Listed by Flipper McDaniel & Associates | $129,000 | |
| Listed by Flipper McDaniel & Associates | |||
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Investor Special on .70 Acres – Tons of Potential!
Opportunity awaits with this distressed fixer-upper situated on approximately .70 acres with mature trees and plenty of space to reimagine the property.
This 3/1 cottage offers features ready for the right buyer to bring it back to life. Inside you’ll find a brick fireplace, spacious living area, , and a large kitchen/dining space that could be transformed into an open concept layout.
The property also features a covered front porch, large yard, and additional outbuilding/storage structure, offering flexibility for future use.
Whether you’re an investor, flipper, or buyer looking for your next renovation project, this property has excellent potential with the right vision. Home Features include: Brick fireplace, Large kitchen/dining area, Covered front porch, Outbuilding/storage, Quiet setting with mature trees. It’s a Great investment opportunity
Property is being sold as-is and will require renovation.
Bring your tools and your imagination — this could be your next great project!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017