194 1st Street
About This Property
This well-maintained home features three bedrooms and two full bathrooms, with a layout uniquely suited for extended family living, guests, or work-from-home arrangements. The property offers two separate living rooms and two distinct entrances, creating a natural division of space while maintaining a cohesive flow throughout the home.
Adding to its versatility, the home includes parking on opposite ends of the property, each with private entryways, allowing for enhanced privacy and independence for occupants. Whether accommodating multiple generations, hosting long-term guests, or simply enjoying the flexibility of dual living areas, this home adapts effortlessly to a variety of lifestyles.
Conveniently located near local shops, schools, parks, and major commuting routes, this Buchanan property combines functionality, privacy, and location-making it a rare and valuable find. A must-see for buyers seeking space, adaptability, and long-term living potential.
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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 |
|---|---|---|---|
| Apr 23, 2026 | Sold | ||
| Sold | |||
| Feb 14, 2026 | In contract | - | |
| In contract | |||
| Dec 24, 2025 | Listed by eXp Realty | $499,000 | |
| Listed by eXp Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017