12621 Strathmore
About This Property
Inside, the home offers a functional and inviting layout with 3 bedrooms and 2 bathrooms, including a comfortable primary suite. The living room, kitchen, and common areas are filled with natural light from the skylights, creating a bright and welcoming atmosphere. The property provides approximately 1,450 sq ft of living space, along with an attached 2-car garage (approximately 483 sq ft), a spacious front yard, and a convenient walk-through pathway.
The expansive, square, and level backyard-complete with a pool-offers excellent potential for an ADU or JADU (SB9 zoning, buyer to verify). With thoughtful updates and a creative vision, this property can become a beautiful primary residence or a strong investment opportunity for you and your family.
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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 |
|---|---|---|---|
| Dec 4, 2025 | Sold | ||
| Sold | |||
| Nov 26, 2025 | In contract | - | |
| In contract | |||
| Nov 20, 2025 | Listed by Villa Real Estate Partners Inc | $899,000 | |
| Listed by Villa Real Estate Partners Inc | |||
| Nov 6, 2025 | In contract | - | |
| In contract | |||
| Nov 3, 2025 | Listed by Kendra Wahlin, Broker | $925,000 | |
| Listed by Kendra Wahlin, Broker | |||
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AS IS 3 BEDROOM 2 BATH HOME ON A SINGLE LEVEL WITH A LARGE YARD AND A NICE POOL. THIS HOME NEEDS YOUR CONTRACTOR OR INVESTOR TO MAKE IT LOOK BEAUTIFUL. IT FEATURES AN OPEN FLOOR PLAN WITH A NICE FIREPLACE IN THE FAMILY ROOM. ALSO, IT HAS LARGE YARD THAT MAY SUPPORT AN ADU UNIT! THIS HOME WILL NOT LAST LONG!!!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017