22
Map
1101 Sunset Drive
About This Property
The exterior boasts a fresh coat of paint and new trim installed in 2025. Residents can enjoy the privacy of a fully fenced 0.22-acre lot shaded by mature trees, complete with a substantial wood deck for entertaining and a dedicated storage building.
What truly sets this property apart is the peace of mind provided by its recent infrastructure overhauls. With a roof and HVAC system from 2018, a professionally repaired foundation from 2021 backed by a 100% transferable warranty, and a complete sewer line replacement under the foundation in 2025, the most expensive homeownership hurdles have already been cleared. Furthermore, an industrial-grade fire alarm in the attic carries a lifetime warranty, and all plumbing has been brought strictly to modern code.
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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 |
|---|---|---|---|
| Jun 5, 2026 | Sold | ||
| Sold | |||
| Apr 21, 2026 | In contract | - | |
| In contract | |||
| Apr 14, 2026 | Price Decreased |
$235,000
↓ $10K
(4.1%) | |
| Price Decreased | |||
| Feb 17, 2026 | Price Decreased |
$245,000
↓ $15K
(5.7%) | |
| Price Decreased | |||
| Jan 15, 2026 | Listed by Watters International Realty | $259,900 | |
| Listed by Watters International Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017