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Map
1402 & 1404 Allen Street
About This Property
Inside, you'll find central heat and air conditioning for year-round comfort, along with a converted garage that creates a versatile bonus room perfect for a family room, home office, playroom, or hobby space. The kitchen comes complete with appliances, and the washer and dryer will convey with the sale, making moving in even easier.
The fenced backyard offers privacy and room for children or pets to play, while the two carports and storage building provide ample parking and storage. An additional lot is included, bringing the total property size to approximately one-third acre and offering extra space for gardening, recreation, or future possibilities.
Conveniently located near schools, churches, and shopping, this property combines a peaceful setting with easy access to everyday amenities.
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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 | Price Decreased |
$183,900
↓ $11K
(5.5%) | |
| Price Decreased | |||
| Jun 4, 2026 | Listed by Janette Padgett Real Estate | $194,500 | |
| Listed by Janette Padgett Real Estate | |||
| Apr 2, 2025 | Sold | ||
| Sold | |||
| Mar 21, 2025 | In contract | - | |
| In contract | |||
| Mar 11, 2025 | Price Decreased |
$199,000
↓ $10K
(4.8%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017