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1297 Conway Avenue
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 |
|---|---|---|---|
| Apr 1, 2025 | Sold | ||
| Sold | |||
| Feb 22, 2025 | Listed by American Heritage Realty | $699,000 | |
| Listed by American Heritage Realty | |||
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Knowing this home needs some TLC, discover the charm of this Spanish-style mid-century ranch, built in 1965, offering 1,664 square feet of inviting living space. This delightful 4-bedroom, 2-bathroom home welcomes you with a grand double-door entry, leading into a sunken living room featuring a cozy fireplace and adjacent dining area perfect for gatherings. The kitchen boasts classic Formica counters, an oven with cooktop, dishwasher, and a stainless steel sink, seamlessly flowing into a spacious room with a utility closet and a separate closet housing a side-by-side washer and dryer, plus a water heater replaced in 2018. The primary bedroom is a retreat with mirrored closet doors and an en-suite bathroom showcasing a single-sink large vanity and a generous walk-in shower. The hall bathroom offers a tub/shower combo and a modern granite countertop vanity. Enjoy the character of acoustic ceilings, a replaced furnace with an updated thermostat, and a composition roof. Outside, a detached 2-car garage with a roll-up door complements the corner lot, which provides ample room for RV access at approximately 13 feet wide by 60 feet long. With original windows, appearance of replaced sewer plumbing previously repaired, and a timeless design, this home blends vintage appeal and with your thoughtful updates, it can ready for you to make it your own!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017