11 1st Place
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 |
|---|---|---|---|
| Sep 10, 2026 | Listed by Signature Premier Properties | $699,999 | |
| Listed by Signature Premier Properties | |||
| Jul 17, 2026 | Sold | ||
| Sold | |||
| Jun 8, 2026 | In contract | - | |
| In contract | |||
| Apr 28, 2026 | Listed by EXP Realty | $425,000 | |
| Listed by EXP Realty | |||
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If you’ve been searching for a home with space, potential, and the chance to truly make it your own, this is the opportunity you’ve been waiting for. Tucked away on a small, quiet block, this home offers incredible possibilities for the right buyer with vision and a little elbow grease.
Inside, you’ll find a flexible layout that could work beautifully for multi-generational living, with the potential for an accessory apartment on the first floor with proper permits. Whether you need extra space for extended household members, guests, or future possibilities, the setup here opens the door to so many options.
Yes, the home does need updating, but the potential is undeniable. Bring your ideas, your tools, and your imagination because this one has the bones to become something truly special. The backyard has plenty of potential to be transformed into your own private outdoor retreat with space to relax, entertain, garden, or simply enjoy peaceful evenings at home.
Opportunities like this don’t come along often, especially in a peaceful neighborhood setting with so much upside. If you’ve been looking for a home you can customize and build equity in, this one is absolutely worth a look.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017