1415 LARCH ROAD
About This Property
Welcome to 1415 Larch Road! This split foyer style home, built in 1966, offers endless possibilities for those with a vision to make it their own. The kitchen is ready for your personal touch. Sold in as-is condition, this property presents an exciting opportunity to improve and add value. Nestled on a generous 0.27-acre lot, this residence boasts three bedrooms and one and a half baths, providing ample space for comfortable living. With 1,120 square feet of above-grade living area, plus a full basement. Please note, this property may not qualify for traditional financing due to its current condition. However, for those willing to invest in some renovations, the rewards are endless. Don't miss out on this opportunity to make this house your home. Schedule your showing today and unlock the potential of this home!
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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 26, 2025 | Sold | ||
| Sold | |||
| Aug 15, 2025 | In contract | - | |
| In contract | |||
| Aug 8, 2025 | Price Decreased |
$499,900
↓ $15K
(2.9%) | |
| Price Decreased | |||
| Aug 3, 2025 | Price Decreased |
$515,000
↓ $5K
(0.9%) | |
| Price Decreased | |||
| Jul 16, 2025 | Price Decreased |
$519,900
↓ $5K
(1%) | |
| Price Decreased | |||
Property Highlights
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017