49
Map
1755 Kipling Street
About This Property
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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 |
|---|---|---|---|
| Jan 6, 2026 | Sold | ||
| Sold | |||
| Nov 15, 2025 | In contract | - | |
| In contract | |||
| Sep 5, 2025 | Listed by Martha Turner Sotheby's International Realty | $1,498,950 | |
| Listed by Martha Turner Sotheby's International Realty | |||
| Jun 15, 2025 | Listed | $1,598,950 | |
| Listed | |||
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Located in the heart of Montrose, 1755 Kipling is an extraordinary property that has been extensively remodeled over the years. The main home has an elevator, walnut floors and high-end appliances. Downstairs, along with the living room, dining and kitchen, between the full bath, there are two bedrooms that can each function as a guest bedroom, home office or flex room. Upstairs, along with the master suite, you will find two more bedrooms that replicate the flexibility of the rooms on the first floor. Outside, lavish landscaping creates the ultimate privacy for the multiple brick-paved patios which combine to measure over 1,000SF. Additionally, a 900+/-SF guest suite over the garage, as well as a 400+/-SF efficiency apartment are located on the property with each able to function as a craft room, secondary office, guest suite, or even a home office, all of which which could also be utilized as rental income that generates several thousands of dollars a month in additional revenue.
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| May 10, 2025 | Listed | $1,650,000 | |
| Listed | |||
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Located in the heart of Montrose, 1755 Kipling is an extraordinary property that has been extensively remodeled over the years. The main home has an elevator, walnut floors and high-end appliances. Downstairs, along with the living room, dining and kitchen, between the full bath, there are two bedrooms that can each function as a guest bedroom, home office or flex room. Upstairs, along with the master suite, you will find two more bedrooms that replicate the flexibility of the rooms on the first floor. Outside, lavish landscaping creates the ultimate privacy for the multiple brick-paved patios which combine to measure over 1,000SF. Additionally, a 900+/-SF guest suite over the garage, as well as a 400+/-SF efficiency apartment are located on the property with each able to function as a craft room, secondary office, guest suite, or even a home office, all of which which could also be utilized as rental income that generates several thousands of dollars a month in additional revenue.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017