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1335 Martin St
About This Property
The nearly quarter-acre, fully fenced backyard is a true highlight, featuring mature landscaping, a large lush lawn, and a large covered backyard deck-perfect for outdoor dining. Mature fruit trees includes two varieties of cherry, lime, key lime, pomegranate, orange, mandarin, pear and banana. A detached garage with built-in workbench, additional storage shed, and a large rear gate provide plenty of flexibility for parking, projects, storage, and outdoor equipment. The gated access allows you to pull vehicles, travel trailers, or other equipment into the backyard with ease.
Conveniently located just blocks from schools, the Dorothy Johnson Community Center, Chapman Park, and Community Park, this property offers a great combination of affordability, space, and convenience. With its generous lot, established landscaping, flexible outdoor space, and original character, this home is an opportunity worth seeing today!
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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 3, 2026 | Listed by Parkway Real Estate Co. | $349,500 | |
| Listed by Parkway Real Estate Co. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017