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23 Marcy Lane
About This Property
The bright main level offers a spacious L-shaped living and dining room filled with natural light, along with a beautifully renovated kitchen featuring brand-new stainless steel appliances, modern finishes, and ample cabinet space. Three generously sized bedrooms and a renovated full bathroom complete the main level.
French doors off the dining area lead to a large rear deck overlooking the backyard perfect for entertaining, relaxing, or enjoying your morning coffee.
The finished walk-out lower level provides additional living space with an oversized family room featuring a brick fireplace, a fourth bedroom, a renovated bathroom, a laundry room, and direct access to the backyard.
Additional highlights include hardwood and ceramic tile flooring, an attached one-car garage, Roof Maxx transferable five-year warranty included and numerous updates throughout.
Conveniently located near schools, shopping, restaurants, parks, and major highways, this turnkey home offers the perfect combination of comfort, style, and convenience.
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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 |
|---|---|---|---|
| Sep 11, 2026 | Price Decreased |
$415,000
↓ $60K
(12.6%) | |
| Price Decreased | |||
| Sep 4, 2026 | Relisted | $475,000 | |
| Relisted | |||
| Aug 2, 2026 | In contract | - | |
| In contract | |||
| Jul 23, 2026 | Price Decreased |
$475,000
↓ $40K
(7.8%) | |
| Price Decreased | |||
| Jul 10, 2026 | Listed by Keller Williams Realty Group | $515,000 | |
| Listed by Keller Williams Realty Group | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017