20
Map
1665 Nedra
About This Property
Set on an oversized 0.16-acre lot, the property presents exciting potential for expansion, including the possibility of adding a detached accessory dwelling unit (ADU). The spacious garage, currently configured as a workshop, adds even more flexibility for hobbyists, storage, or future conversion.
The nicely maintained yard showcases lush perennial and native plants while providing a peaceful outdoor retreat. Enjoy gardening, entertaining, or simply relaxing on the deck within the privacy of a fully fenced yard.
Plenty of room to grow, this property offers a fantastic opportunity to build equity and make it your own. While the home could benefit from some TLC, it is attractively priced for its size, lot, and location making it an excellent investment with strong upside potential.
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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 |
|---|---|---|---|
| Jul 24, 2026 | Sold | ||
| Sold | |||
| Jun 11, 2026 | In contract | - | |
| In contract | |||
| Apr 27, 2026 | Listed by William Johnson, Broker | $295,000 | |
| Listed by William Johnson, Broker | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017