1241 Park 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 |
|---|---|---|---|
| Mar 17, 2026 | Sold | ||
| Sold | |||
| Feb 26, 2026 | In contract | - | |
| In contract | |||
| Feb 12, 2026 | Listed by KW Advisors East Bay | $749,000 | |
| Listed by KW Advisors East Bay | |||
| Dec 12, 2025 | Listed | $749,000 | |
| Listed | |||
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If you’re seeking a home that embodies charm and an unbeatable lifestyle, look no further. This detached bungalow, located directly across from Chochenyo Park and just steps from the Park Street district, offers everyday convenience infused with neighborhood character. The front living room features calming park views through a large picture window, while the dining area seamlessly flows into the kitchen for effortless daily living. An additional rear room opens to the backyard, providing flexibility for a home office, hobby space, or laundry area. Recent updates—including fresh interior and exterior paint, new flooring, revitalized landscaping, and modern fixtures—enhance the home's timeless appeal. The outdoor space is perfectly sized for gardening or outdoor relaxation, while requiring minimal upkeep. Mature trees and plantings contribute beauty and warmth to the property. Nestled in a peaceful, bike-friendly neighborhood with exceptional access to shops, cafés, transit, and local amenities, this home is the ideal blend of convenience, character, and community.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017