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1604 Bastrop Street
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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 |
|---|---|---|---|
| Aug 28, 2025 | Sold | ||
| Sold | |||
| Jul 29, 2025 | In contract | - | |
| In contract | |||
| May 29, 2025 | Listed by Real Broker, LLC | $364,888 | |
| Listed by Real Broker, LLC | |||
| Apr 17, 2025 | Listed | $374,000 | |
| Listed | |||
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Exceptional Value for First-Time Buyers – Rooftop Views + Turnkey Living!
1604 Bastrop St is a rare opportunity in EADO—modern, move-in ready, and perfect for first-time buyers or anyone seeking a stylish home or smart investment. Located just blocks from downtown, the convention center, parks, and entertainment, this street-facing, free-standing home offers unbeatable walkability. Freshly painted with 2 beds, 2.5 baths, and a flexible bonus space ideal for a home office or gym. The open-concept second floor is full of natural light and connects fully furnished living, dining, and study areas, plus a private balcony and rooftop terrace with skyline views. The spacious primary suite offers comfort and privacy. Select furnishings (living, dining, study, bedroom, rooftop) are included. Sellers are relocating and highly motivated—don’t miss one of the best values in this vibrant neighborhood.
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| Feb 28, 2025 | No longer available | - | |
| No longer available | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017