1663 Claas Avenue
About This Property
Extensive updates include - June 2025: 50-year GAF roof with transferable warranty, new gutters, and trim, September 2023: Three ductless units with heat pumps (primary bedroom, upstairs living room, downstairs bedroom), August 2022: New asphalt driveway, 2017: New garage door with automatic opener, 2014: Gas conversion with new boiler and gas-fired hot water heater, Young windows with transferable warranty, July 2012: New cesspool and overflow, and an upgraded 200-amp electrical panel with whole-house surge protector! True taxes of just $10,157.26! This move-in-ready home checks every box-space, style, updates, and peace of mind-all in a fantastic location. A truly turnkey (and rare!) opportunity not to be missed!
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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 |
|---|---|---|---|
| Mar 23, 2026 | Sold | ||
| Sold | |||
| Jan 29, 2026 | In contract | - | |
| In contract | |||
| Jan 7, 2026 | Listed by RE/MAX Team | $699,000 | |
| Listed by RE/MAX Team | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017