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2624 Webster Avenue
About This Property
This property underwent a full interior renovation in 2022 when the home was completely gutted. Major upgrades completed by the seller include all new electrical wiring, some updated plumbing, a new roof, and a new water heater. The home is also wired and ready for a complete central AC system to be installed.
During the renovation, all new sheetrock was installed throughout the home along with new insulation, helping improve overall efficiency and comfort. With many of the major system updates already completed, this property offers a solid foundation for a buyer looking for space and the opportunity to add their own finishing touches.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jul 10, 2026 | Sold | ||
| Sold | |||
| Jun 13, 2026 | In contract | - | |
| In contract | |||
| May 8, 2026 | Price Decreased |
$165,500
↓ $4K
(2.6%) | |
| Price Decreased | |||
| Mar 9, 2026 | Listed by EG Realty | $169,900 | |
| Listed by EG Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017