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1264 Rhinelander Avenue
About This Property
Enter through a large enclosed front porch with custom marble tile walks into a welcoming foyer and expansive living room featuring hardwood floors, a wood-burning fireplace, and built-in bookcases. The main level continues into a formal dining room, private study, and a stunning newly finished sunroom with custom coffered ceiling, recessed LED lighting, and ceiling fan. The sunroom opens to a private garden oasis with slate stone walkways, creating a peaceful outdoor retreat rarely found in the Bronx.
The large eat-in kitchen features stainless steel appliances, and the updated powder room is finished with marble tile. The second level is accessed by a beautiful natural oak staircase and offers three spacious bedrooms with hardwood floors, plus a custom full bathroom featuring yellow onyx tile and recessed LED lighting. The oversized primary bedroom includes his-and-hers closets and private access to a rooftop terrace overlooking the garden.
The lower level offers flexible space ideal for a family room, with an updated full bathroom, laundry room, storage, and access to the attached garage. Additional features include Trane central AC, oil heat with on-demand hot water, and custom solar panels with AC/DC converter for improved efficiency and long-term performance.
Homes like this are truly a diamond in the rough and must-see in the Bronx. Conveniently located near major highways, shopping, restaurants, schools, and public transportation.
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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 |
|---|---|---|---|
| Sep 23, 2026 | Price Decreased |
$1,100,000
↓ $49K
(4.3%) | |
| Price Decreased | |||
| Aug 19, 2026 | Price Decreased |
$1,149,000
↓ $30K
(2.5%) | |
| Price Decreased | |||
| Jul 6, 2026 | Listed by Morris Park Realty Group | $1,179,000 | |
| Listed by Morris Park Realty Group | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017