1207 OLD HOMESTEAD
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 |
|---|---|---|---|
| Aug 15, 2025 | Sold | ||
| Sold | |||
| Jul 18, 2025 | In contract | - | |
| In contract | |||
| Jun 24, 2025 | Listed by Bloom Realty | $385,000 | |
| Listed by Bloom Realty | |||
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Welcome to 1207 Old Homestead, located in the highly sought-after Heritage South neighborhood! This beautifully updated 3-bedroom, 2-bath home offers comfort, style, and an impressive list of upgrades completed since 2021. Enjoy peace of mind with a new HVAC system paired with a Nest thermostat, a new roof on both the home and the outdoor workshop, and extensive modern updates throughout. Inside, you'll love the custom cabinetry, quartz countertops, recessed lighting, and smooth ceilings-the popcorn texture has been professionally removed for a clean, updated look. The kitchen is equipped with a reverse osmosis system and water softener, and the guest bath and kitchen feature matching quartz surfaces. The master bath boasts a beautifully updated shower, adding to the home's polished feel. Additional upgrades include fresh interior paint, a security system, and a full sprinkler system for easy maintenance. Step outside to the spacious workshop and an extended concrete patio, complete with ceiling fans and a mounted TV-a perfect space for entertaining, hobbies, or simply relaxing. You'll also enjoy the peaceful surroundings with the Green Gate Nursery greenhouses as your quiet backyard neighbors. This home is truly move-in ready with too many upgrades to list-come experience it in person!
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| Jan 13, 2012 | Sold | ||
| Sold | |||
| Aug 8, 2011 | Listed by Karen McMillan + Assoc REALTOR | $179,900 | |
| Listed by Karen McMillan + Assoc REALTOR | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017