1125 W 28TH AVE
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 22, 2026 | Price Decreased |
$616,000
↓ $16K
(2.5%) | |
| Price Decreased | |||
| Oct 15, 2026 | Price Decreased |
$632,000
↓ $8K
(1.3%) | |
| Price Decreased | |||
| Oct 8, 2026 | Listed by Opendoor Brokerage LLC | $640,000 | |
| Listed by Opendoor Brokerage LLC | |||
| Jun 10, 2024 | No longer available | - | |
| No longer available | |||
| May 31, 2024 | Listed by Hybrid Real Estate | $446,000 | |
| Listed by Hybrid Real Estate | |||
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Welcome to this adorable Friendly St neighborhood vintage cottage, with two units and so many possibilities! This dual living property has been a great rental over the years, but would make a wonderful owner-occupied duplex-style home as well. Short term or middle term rental options abound. New middle housing rules might open up even more options. As it is, you'll find easy one level living, newer paint, and some newer appliances in each unit. There is a fenced in yard, a charming enclosed front porch, a shared storage garage, and more. The front roof is 1.5 year old and the back half is 4.5 years old. All new exterior paint 1.5 years ago, the electrical has been updated, and all windows have been replaced. All that is left to do, is to move in! This popular neighborhood has close and easy access to bistros, local shops, trails, schools, and bus lines. This is classic urban living, a vintage home in a beloved neighborhood. Open House Friday June 7th, 5-7pm! The manager has listed the unit size as 1124 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017