12770 Ivanhoe St
About This Property
The kitchen sits at the front of the home and features white cabinetry, stainless steel appliances including a newer dishwasher, built-in microwave, and full-size refrigerator, along with pantry storage, ample counter space, and a raised bar for casual seating. Updated flooring runs throughout the main level, and a conveniently located half bath sits just off the living area.
From the kitchen, the space flows directly into the living room, where a gas fireplace and recessed lighting anchor the room and create a comfortable place to unwind. Sliding glass doors bring in natural light and open to the fenced backyard, making indoor and outdoor use feel seamless.
Upstairs, all bedrooms are located on one level along with the laundry and a linen closet. The primary bedroom feels open and inviting with vaulted ceilings, a decorative chandelier, a large walk-in closet, and an en-suite bathroom. The bathroom also offers hallway access, allowing it to conveniently serve the additional bedrooms.
Outside, the fenced backyard includes a concrete patio with space for seating, grilling, or easy get-togethers, along with room for light gardening. An attached enclosed storage area provides useful space for bikes, tools, and seasonal items. Two reserved parking spaces are located directly in front of the home.
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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 |
|---|---|---|---|
| Jan 13, 2026 | Listed by HomeSmart | $399,900 | |
| Listed by HomeSmart | |||
| Nov 18, 2025 | Price Decreased |
$399,700
↓ $10K
(2.4%) | |
| Price Decreased | |||
| Nov 12, 2025 | Listed | $409,700 | |
| Listed | |||
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Inviting*Location* Location* Location*Open Floor Plan*Enter Into open Space with Coat Closet*Plenty of Space to Use as Mud Room*Natural Kitchen Lighting*SS Appliances*New SS Dishwasher*Built In Microwave*Large SS Refrigerator*Pantry*Nice Counter Space*Kitchen Bar*Gorgeous Flooring Through Out Main Level*Half Bathroom on Main Floor*Built In Gas Fireplace in Living Room*Canned Lighting Throughout*Dinning Area*Newly Painted*Nice Patio off Main Floor to Back Yard*Garden Area*Large Attached Enclosed Storage Area*Upper Level Nicely Carpeted for Noise Reduction*3 Bedrooms on Upper Level*Main Bathroom on Upper Level*Primary Bedroom Open and Bright with Soaring Ceiling*Walk In Closet*Large Window Facing West*Upper level Laundry*Upper Level Lenin Closet*Ready to Move Right In!
Close to Shopping and Schools.
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| Nov 12, 2024 | Sold | ||
| Sold | |||
| Oct 15, 2024 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017