1183 38th 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 |
|---|---|---|---|
| Sep 6, 2025 | No longer available | - | |
| No longer available | |||
| Aug 28, 2025 | Sold | ||
| Sold | |||
| Jul 11, 2025 | Withdrawn | - | |
| Withdrawn | |||
| Jul 9, 2025 | Listed by NextHome Foundations | $317,500 | |
| Listed by NextHome Foundations | |||
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NO HOA DUES FOR REMAINDER OF 2025! Tucked into a quiet corner - a blink-and-you'll-miss-it spot next to Bittersweet Park where the trees still bother to change colors and life doesn't feel like a waiting room - this brick corner-lot townhome style condo is the kind of place you don't find on a map, but stumble on and never want to leave. Just two buildings. 4 units total in this HOA which provides snow removal, lawn care, interior and exterior water, hazard insurance, exterior maintenance and management. Walk in and you're greeted by an open floor plan made for living, not staging with It's clean lines, smart layouts, and natural light pouring through the bay window. The fireplace crackles, not out of necessity, but because it feels damn good. Two big bedrooms, two baths - all on the main floor - keep things easy. There's even ramp access, because life doesn't always move in a straight line. The kitchen's oversized, with room for wine, conversation, and the kind of late-night leftovers that taste better than the original meal. Step out to your patio, where the common space feels like your own private escape - partial fences, no pretense. Downstairs, the basement's framed, wired, and halfway there, with a full finished bath already in place. It's a blank slate, waiting for your next idea. The two-car garage? Massive. And the A/C? Updated in 2023 - because sweating through July is for tourists. And when you're ready to trade your four walls for some open sky, there's a park around the corner - the kind with real grass, not the sad excuse some places try to pass off. Need to pick up dinner? Forgot a birthday gift? Feel like pretending you're the kind of person who just "pops in" to a gallery? Shopping's a stroll away. No Uber, no drama. Just you, a good pair of shoes, and a neighborhood that still knows how to breathe. If you're looking for loud, flashy, or fake, keep walking. But if you want a place with soul, welcome to Hummingbird Square.
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| May 21, 2025 | Price Decreased |
$319,900
↓ $10K
(3%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017