1639 Apple Blossom
About This Property
Welcome to this exceptional 6-bedroom, 3-bathroom home offering the perfect blend of space, comfort, and versatility. Whether you're looking for a spacious residence for a growing family or a strong income-producing investment property, this home is a rare find.
Currently, four bedrooms are occupied, demonstrating the home's excellent rental potential and flexible floor plan. Residents enjoy shared access to the spacious living room, dining area, large open kitchen, and expansive backyard, all of which are well-maintained and designed for comfortable everyday living.
The heart of the home is the oversized kitchen featuring a large center island, abundant cabinetry, and plenty of counter space-perfect for entertaining, family gatherings, or meal preparation. Step outside to enjoy the private backyard oasis complete with a custom BBQ island, ideal for weekend cookouts and outdoor entertaining.
A highly desirable downstairs bedroom offers its own private entrance, making it perfect for guests, extended family, a home office, or additional rental income.
Current tenants are aware of the sale and are on a month to month tenancy and will vacate by close of escrow.
Additional features include:
Paid-off solar system for significant energy savings
New HVAC/air conditioning system
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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 26, 2026 | Price Decreased |
$519,000
↓ $30K
(5.5%) | |
| Price Decreased | |||
| Sep 29, 2026 | Price Decreased |
$549,000
↓ $31K
(5.3%) | |
| Price Decreased | |||
| Jun 7, 2026 | Listed by Golden Eagle Properties | $580,000 | |
| Listed by Golden Eagle Properties | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017