115 Olmstead Place
About This Property
Inside, you'll find a flexible layout with multiple options for home offices, guest space, or hobby rooms, and additional walk in closet on 2nd floor that add versatility beyond the typical Cape design. Bright, comfortable living spaces make everyday living easy and inviting.
Enjoy the privacy of a fully fenced backyard, ideal for relaxing, gardening, or pets, and unwind on the front porch deck. Conveniently located just minutes from parks, shopping, major highways, and downtown Syracuse, this home offers the perfect balance of neighborhood charm and accessibility.
A wonderful opportunity for first-time buyers or anyone seeking space, updates, and a location in a the West Genesee school district.
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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 |
|---|---|---|---|
| Aug 17, 2026 | Sold | ||
| Sold | |||
| Jun 8, 2026 | In contract | - | |
| In contract | |||
| Jun 2, 2026 | Relisted | $219,000 | |
| Relisted | |||
| May 12, 2026 | In contract | - | |
| In contract | |||
| May 10, 2026 | Price Decreased |
$219,000
↓ $16K
(6.8%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017