2602 10th Avenue
About This Property
This 3-bedroom, 2-bathroom home offers a wonderful opportunity for buyers looking to add their own touches and create instant equity. Ideally located next to Hoover School, the property features dual-paned windows for energy efficiency and a spacious layout. The large backyard provides plenty of space to garden, play, or entertain, complete with mature landscaping and a covered patio for year-round enjoyment. Inside, you'll find a functional floor plan and good bones ready for updates to make it truly shine. A newer water heater adds peace of mind, while the home's classic design provides a solid foundation for your vision. With a bit of TLC, this property could become the perfect place to call home or an excellent investment opportunity in a desirable, established neighborhood.
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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 21, 2025 | Sold | ||
| Sold | |||
| Oct 29, 2025 | In contract | - | |
| In contract | |||
| Oct 9, 2025 | Listed by BHGRE Everything Real Estate | $315,000 | |
| Listed by BHGRE Everything Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017