1806 N 4th Avenue
About This Property
Upon entry, you are welcomed by a grand staircase, while the main living room showcases the breathtaking views that make this home so special. The home offers 3 bedrooms, 2.5 bathrooms, a dedicated office, and a sunroom surrounded by windows on every side. The living and dining areas are separated by a beautiful dual fireplace, creating warmth and character throughout the space.
The kitchen received a renovation in 2025 including new countertops, backsplash, appliances (refrigerator to remain), updated lighting, cabinet hardware, additional cabinetry with butcher block countertops, and a repurposed vent hood for added charm and style.
The primary suite features its own cozy fireplace, double vanities, walk-in shower, jetted tub, and walk-in closet. Upstairs includes one bedroom with a fireplace and walk-in closet, a full bathroom with jetted tub and walk-in shower, plus an additional oversized bedroom.
Additional updates include:
• 2024 – New roof, full interior and exterior paint, pool updates including all new electrical, liner, pump, and plumbing connections
• 2025 – Updated full bathroom faucets, shutters installed in the primary bedroom and hall, and new 2" white blinds installed throughout additional areas of the home
Additional perks include a storm shelter in the garage, sprinkler system, water softener, washer and dryer to remain with the home, and surround sound throughout (& equipment).
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017