17 Roosevelt Road
About This Property
A rare opportunity in the Hyde Park School District featuring a very short walk to the Eleanor Roosevelt National Historic Site. Upon an accepted offer, seller will provide an engineering package for all recommended repairs, plus sub-contractor proposals to help streamline the renovation process. Perfect for investors, flippers, and contractors looking for a project with clarity, direction, and serious profit potential. New septic tank recently installed.
Property Highlights
• Upon an accepted offer the seller will provide a full engineering package outlining structural and repair needs and sub-contractor proposals provided, giving buyers a head start on renovation planning.
• Recent appraisal completed, confirming strong upside potential
• Located in the Hyde Park Schools
• Convenient to major shopping, dining, and commuter routes
• Ideal for a flip, rental investment, or custom renovation
Why This Property Stands Out...
The heavy lifting on planning is already done. With engineering guidance and contractor proposals in hand, you can move quickly and confidently. The completed appraisal underscores the value potential once renovations are complete.
Perfect For
• Investors seeking a project with clear scope
• Flippers looking for a high return opportunity
• Buyers wanting instant equity after repairs
• Anyone who recognizes the value of a property with built in planning and strong neighborhood appeal
Bring your vision and take advantage of a turnkey renovation roadmap in a great location with plenty of upside.
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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 |
|---|---|---|---|
| Jul 25, 2026 | In contract | - | |
| In contract | |||
| May 21, 2026 | Listed by REO Edge LLC | $249,900 | |
| Listed by REO Edge LLC | |||
| Nov 2, 2024 | No longer available | - | |
| No longer available | |||
| Oct 31, 2024 | Relisted | $185,000 | |
| Relisted | |||
| Oct 1, 2024 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017