124 W 3rd Ave
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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%.
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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 |
|---|---|---|---|
| Apr 25, 2025 | Sold | ||
| Sold | |||
| Apr 10, 2025 | In contract | - | |
| In contract | |||
| Apr 1, 2025 | Listed by City2Summit Realty | $850,000 | |
| Listed by City2Summit Realty | |||
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***Stunning Brick Bungalow in Coveted Baker Historic District w/Rare Primary Suite, Detached Garage & Potential ADU, that is Close to Everything! This Beautifully Preserved Home Showcases Old World Craftsmanship w/Rich Architectural Details while Providing Modern Amenities. Updated Kitchen is an Entertainer's Dream w/Beautiful Granite Countertops, Top of the Line SS Appliances w/Specialty Fridge, Elegant 42" Custom Cabinetry, & Gorgeous Hardwood Floors Throughout! This Home has Tons of Natural Light & Expansive Storage Throughout. The Main Floor has Historic High Ceilings, Custom Built-ins and Gorgeous Detailed Fireplaces in the Dining Room and Office! Rare Primary Bath/Suite is a Private Retreat w/Full Ensuite, Timeless Tile and Huge Closets! Massive Bonus Area/Rec Room in the Basement, Laundry and Additional Bedroom Give Your Guests Extra Space. Enjoy the Low Maintenance, Private Yard w/Organic Garden Area, Outdoor Firepit and Huge Brick Covered Patio Perfect for Entertaining. This Home has Been Impeccably Cared for, Every Detail Reflects a Balance of History and Modern Living-w Tons of Upgrades and Smart Features Including: New Hot Water Heater, New Dishwasher, New Copper Main Waterline, New Paint, Refinished Floors and so Much More! All only 3 minutes to Downtown and just blocks from Restaurants, Breweries, Farmers Market, Coffee, Ice Cream, Workout Studios, Dog Parks, Community Pools, Rec Center, Bike Paths, Light Rail, Wash Park, Art District, Museums, Highways and More!!!
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| Mar 23, 2018 | Sold | ||
| Sold | |||
| Aug 26, 2016 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017