2518 Pearson Avenue
About This Property
The kitchen features an apron-front sink, clean modern cabinetry, and a thoughtfully designed dry bar complete with a beverage refrigerator, perfect for entertaining. Multiple expansive sliding glass doors open to the lush backyard, intentionally designed to preserve uninterrupted views and create a seamless connection to the outdoors.
Two bedrooms offer floor-to-ceiling windows that frame the serene outdoor space, along with ceiling fans and beautifully appointed full bathrooms. Step outside to a private oasis featuring pergola-covered fire pit area with retractable sail shades, surrounded by mature landscaping, ideal for relaxing evenings or gathering with friends.
Additional highlights include a two-car garage and a layout that celebrates light, flow, and timeless mid-century style. This home is a rare opportunity to enjoy classic design paired with modern comforts in a truly inviting setting.
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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 |
|---|---|---|---|
| Mar 3, 2026 | Sold | ||
| Sold | |||
| Feb 12, 2026 | In contract | - | |
| In contract | |||
| Jan 17, 2026 | Listed by Circle Real Estate | $989,900 | |
| Listed by Circle Real Estate | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017