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13 Celeste Court
About This Property
Set on a beautiful 68-foot-wide double lot, this classic extended bungalow presents exceptional space and potential. Featuring 4 bedrooms and 2 bathrooms across approximately 1,360 square feet, the home is ideal for an end user ready to renovate or an investor seeking a value-add opportunity. The oversized lot is a true standout, offering flexibility for expansion, outdoor living, or future customization.
The home includes a rear covered porch, detached 1-car garage, and parking for 3+ additional vehicles-a rare convenience in Brooklyn. Major systems including the electric, roof, furnace, and hot water heater were all updated approximately 13 years ago, providing a solid base for upgrades. A key feature is the approximately 5-foot-high cellar, which elevates the home and adds an extra layer of resilience against potential flooding. Notably, the property has experienced no flooding issues over the past 13 years, and current flood insurance is approximately $1,196 annually.
Commuting is convenient with access to the BM4 express bus to Midtown Manhattan, as well as local bus routes including the B31, B36, and B44, which connect to nearby subway lines such as the B/Q trains at Sheepshead Bay and the 2/5 trains along Nostrand Avenue. The property is also within close proximity to local public schools, adding everyday convenience for end users. With its generous lot size, strong fundamentals, and prime location within one of Brooklyn's most unique neighborhoods, this property offers a compelling opportunity to create your ideal home or investment.
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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 |
|---|---|---|---|
| Aug 10, 2026 | Sold | ||
| Sold | |||
| May 19, 2026 | In contract | - | |
| In contract | |||
| Apr 11, 2026 | Listed by Daniel Gale of Brooklyn LLC | $679,000 | |
| Listed by Daniel Gale of Brooklyn LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017