49
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11309 OUTRIGGER AVENUE
About This Property
With 4 separate ensuites, this home provides privacy and flexibility - ideal for multi-generational living, home office, home gym or roommates. The property also includes a 3-car garage, a storage shed, and a fenced yard.
The home needs a touch of TLC, but its size, layout, and features offer incredible potential. Trustee sale-must sell!
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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 |
|---|---|---|---|
| Sep 15, 2026 | Price Decreased |
$360,000
↓ $40K
(10%) | |
| Price Decreased | |||
| Jul 1, 2026 | Relisted | $400,000 | |
| Relisted | |||
| Jun 23, 2026 | In contract | - | |
| In contract | |||
| Jun 13, 2026 | Relisted | $400,000 | |
| Relisted | |||
| Sep 26, 2025 | Price Decreased |
$310,000
↓ $40K
(11.4%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017