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159 W Olive Street
About This Property
Step inside to a generous, living room designed for gathering - whether it's a quiet evening in or hosting family and friends after a day on the sand. The updated kitchen is the heart of the home, featuring modern finishes that make cooking a pleasure without sacrificing the space's warmth and character. Central AC will keep you at the perfect temperature all summer long.
Three well-sized bedrooms on the first floor provide comfortable retreats for every member of the household, served by two full baths. But perhaps the home's most versatile asset lies below: a fully finished walkout garden level guest quarters that opens directly to the outdoors - ideal as a family room, home office, guest suite, or entertainment space. The possibilities are as open as the floor plan.
Whether you're seeking a year-round residence or a beach getaway with room to grow, this home delivers on every level.
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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 28, 2026 | Sold | ||
| Sold | |||
| Aug 14, 2026 | In contract | - | |
| In contract | |||
| Jul 28, 2026 | Price Decreased |
$895,000
↓ $103K
(10.3%) | |
| Price Decreased | |||
| Jul 10, 2026 | Relisted | $998,000 | |
| Relisted | |||
| May 30, 2026 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017