2162 45TH AVE
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 |
|---|---|---|---|
| Nov 11, 2025 | Price Decreased |
$428,000
↓ $47K
(9.9%) | |
| Price Decreased | |||
| Oct 20, 2025 | Listed | $475,000 | |
| Listed | |||
| | |||
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Price improved! Don't miss out this great opportunity! Property is best suited for a well-funded, experienced, rehab property buyer. Step into this charming home featuring an inviting open floor plan with a spacious family and dining area plus a cozy fireplace, perfect for relaxing or entertaining. The kitchen offers ample cabinetry and storage, while the two oversized bedrooms provide plenty of comfort and versatility. The recently renovated bathroom features a stylish shower-over-tub design, and the original hardwood floors throughout add timeless warmth and character. Kitchen and family, dining area has recessed lights. Other highlights include a newer furnace and sewer lateral compliance for peace of mind. Enjoy the enclosed front patio and a private backyard, ideal for outdoor gatherings or quiet mornings. The attached garage is ready for an ADU conversion, offering great potential for additional income. Currently rented at $2,200/month, and once the ADU is completed, you will have additional 566 sq.ft. living space and could earn an estimated total of $3,300/month!
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| Dec 18, 2020 | No longer available | - | |
| No longer available | |||
| Dec 11, 2020 | Relisted | $499,995 | |
| Relisted | |||
| Dec 2, 2020 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017