123 Hart
About This Property
Live in one and rent the other; or a great investment opportunity.
These 2 homes on one lot are on separate gas and electric meters & are separately fenced. Both homes have multiple updates and upgrades. Front home is 2 bdrm 1 bath with indoor laundry and its own private covered patio and yard. Tenant currently pays $1145.00 and is on a month to month lease.
Back home was built in 2021 and is a spacious 1 bdrm 1 bath boasting 661 sq. ft. and also includes indoor laundry. There is alley access and ample parking space behind the wrought iron gate along with a low maintenance yard. Tenant currently pays $915.00 and is on a month to month lease.
Seller is willing to consider assisting with buyer closing costs depending on the offer.
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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 |
|---|---|---|---|
| Dec 24, 2025 | Sold | ||
| Sold | |||
| Nov 19, 2025 | In contract | - | |
| In contract | |||
| Oct 31, 2025 | Price Decreased |
$319,950
↓ $5K
(1.6%) | |
| Price Decreased | |||
| Oct 13, 2025 | Listed by Watson Realty | $325,000 | |
| Listed by Watson Realty | |||
| Sep 25, 2021 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017