1069 Simpson Street
About This Property
Location is one of this home's greatest features. Just a 3-minutes walk to the 2 and 5 subway lines and the BX19 bus, 6 minutes walk to #6 subway line tha makes commuting to Manhattan quick and convenient. The property also offers easy access to the Cross Bronx Expressway and the RFK Bridge, the Bruckner Expressway making travel throughout New York City and beyond effortless. The home will also be conveniently located near the new Hunts Point Metro-North Station, currently under construction as part of the MTA's Penn Station Access project, providing even greater transportation options and future connectivity.
Everything you need is just minutes away. The home is conveniently located near supermarkets, restaurants, neighborhood shops, schools for all grade levels, daycare centers, houses of worship, a Health Center, and multiple bus routes. Outdoor enthusiasts will love being close to Crotona Park, featuring walking trails, playgrounds, tennis courts, a public swimming pool, and plenty of green space for recreation.
Whether you're looking for a place to work from home, or simply enjoy the privacy of a single-family home with the convenience of city living, this property offers the perfect combination of space, flexibility.
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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 |
|---|---|---|---|
| Aug 8, 2026 | In contract | - | |
| In contract | |||
| Jul 13, 2026 | Listed by Safeway Realty Corp | $649,000 | |
| Listed by Safeway Realty Corp | |||
| Feb 16, 2022 | Sold | ||
| Sold | |||
| Oct 5, 2021 | Listed by Safeway Realty Corp | $489,500 | |
| Listed by Safeway Realty Corp | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017