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1283 4th Ave
About This Property
Four bedrooms upstairs keep the main sleeping areas together, including a primary suite with dual closets and a private bathroom. Downstairs, the finished basement adds a fifth bedroom, full bathroom, spacious living area, and a second kitchen with a refrigerator(not installed until after photos), oven/stove, and full sink. Use the additional living space for extended household needs or explore renting a portion of the home to help offset ownership expenses, subject to local requirements and approvals.
The main kitchen features new quartz countertops, a new tile backsplash, abundant cabinetry, a pantry, and new stainless steel appliances, including a gas stove. High ceilings, wood-look flooring, and a neutral palette connect the generous living and dining spaces. A separate family room with new carpet and a 1/2 bath opens to the backyard, providing another place to gather or spread out.
Outside, fresh grading, new grass lawns in front and back, and front yard irrigation give you usable outdoor space from day one. A fresh concrete patio spanning the back of the home offers room for outdoor dining, grilling, and seating. The welcoming front porch, stone accents, and two-car garage complete the exterior.
Major updates include a new 2026 roof, new siding, fresh interior and exterior paint, new kitchen appliances, new quartz counters and backsplash, new carpet throughout, landscaping, sewer, and so much more. Professionally cleaned and ready for its next chapter, this home combines extensive updates with the versatility of two kitchens, multiple living areas, and a finished basement. Host the big game here!
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Cap Rate Calculator
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 |
|---|---|---|---|
| Oct 6, 2026 | Price Decreased |
$405,000
↓ $5K
(1.2%) | |
| Price Decreased | |||
| Sep 16, 2026 | Listed | $410,000 | |
| Listed | |||
| May 20, 2015 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017