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274 W 12th
About This Property
Recent improvements include a new roof and new AC (2024), solar panels (2020), and a main electrical panel upgrade, giving you long-term value and energy savings. Inside, you'll find updated flooring in the bedrooms, new paint inside and out, and a tastefully upgraded bathroom, creating a clean, bright, and inviting living space you can settle into right away.
Additional updates include select new windows, and an updated garage door, reflecting consistent care and pride of ownership throughout the home.
With so many major improvements already completed, this property offers a rare opportunity to enjoy a home where the hard work has been done. Whether you're looking for a primary residence or a smart investment.
Conveniently located and thoughtfully improved, this home is ready for its next chapter.
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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 |
|---|---|---|---|
| Jun 5, 2026 | Sold | ||
| Sold | |||
| May 10, 2026 | In contract | - | |
| In contract | |||
| Apr 21, 2026 | Price Decreased |
$490,000
↓ $10K
(2%) | |
| Price Decreased | |||
| Apr 11, 2026 | Price Decreased |
$500,000
↓ $10K
(2%) | |
| Price Decreased | |||
| Apr 2, 2026 | Price Decreased |
$510,000
↓ $15K
(2.9%) | |
| Price Decreased | |||
Property Highlights
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017