118 Schaeffer Street
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 |
|---|---|---|---|
| Jun 7, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Jun 6, 2026 | Listed by JLA Realty | $365,000 | |
| Listed by JLA Realty | |||
| Apr 14, 2026 | Price Decreased |
$365,000
↓ $25K
(6.4%) | |
| Price Decreased | |||
| Mar 21, 2026 | Price Decreased |
$390,000
↓ $10K
(2.4%) | |
| Price Decreased | |||
| Feb 16, 2026 | Listed by JLA Realty | $399,500 | |
| Listed by JLA Realty | |||
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This home offers a beautifully renovated interior and inviting outdoor space. The kitchen, pantry, and laundry room have been updated with quartz countertops, matching backsplash, modern fixtures, stainless steel appliances, double ovens, refrigerator with built-in screen, farmhouse sink, pot filler, and under-cabinet lighting. Formal dining room features a dramatic geometric accent wall. Hallway presents a real wood feature wall with built-in cabinetry, quartz surface, and integrated lighting. Fresh paint, open layout, and recessed lighting enhance the main living areas. Covered patio includes stamped concrete, ceiling fans, recessed lighting and built-in grill. Property is equipped with exterior security cameras Convenient access to I-10 and TX-146. Recently replaced roof.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017