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1359 Monroe St
About This Property
Upstairs, the spacious primary suite offers brand-new hardwood floors, two closets, and a luxurious ensuite with heated floors, jetted tub/shower, and double vanity. A fully renovated basement provides a private guest suite with its own bathroom.
Major updates: New roof, furnace, water heater, and electrical panel (2024), plus fresh exterior paint.
Enjoy a welcoming front porch and private backyard with deck/patio, sprinkler system, dog run, and garden beds.
Prime location just blocks from Sprouts and City Park, with Blue Pan Pizza, Cerebral Brewing, Sweet Cooie's, and more nearby. Located within the Teller/Morey/East school boundaries.
Thoughtfully updated, ideally located, and offering exceptional value.
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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 9, 2026 | No longer available | - | |
| No longer available | |||
| Sep 29, 2026 | Price Decreased |
$924,900
↓ $75K
(7.5%) | |
| Price Decreased | |||
| Sep 9, 2026 | Relisted | $999,999 | |
| Relisted | |||
| Sep 2, 2026 | In contract | - | |
| In contract | |||
| Aug 24, 2026 | Price Decreased |
$925,000
↓ $24K
(2.5%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017