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2829 Schurz Avenue
About This Property
This brick residence features a renovated 3-bedroom layout with an open-concept kitchen showcasing modern finishes. The first floor includes a half bathroom, while the second level offers a full bathroom and well-proportioned bedrooms.
The home is elevated above street level and features a welcoming front porch, providing additional outdoor space and enhancing the home's curb appeal. A standout feature is the large balcony off the kitchen, ideal for outdoor dining and entertaining.
A walk-in basement with windows offers additional flexible space suitable for recreation, storage, or extended use.
Positioned on a 29 x 101 lot, the property also features a spacious side yard and outdoor areas rarely found in the neighborhood. The corner location allows for increased natural light and a more open feel throughout.
Located in the Throggs Neck waterfront community, known for its residential feel, marinas, and proximity to the water. Nearby amenities include Ferry Point Park, waterfront dining, local cafes, and well-known event venues such as Marina Del Rey. Convenient access to the Bruckner Expressway and Hutchinson River Parkway, along with public transportation options connecting to the subway.
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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 3, 2026 | Sold | ||
| Sold | |||
| Jun 17, 2026 | In contract | - | |
| In contract | |||
| Apr 14, 2026 | Price Increased |
$749,000
↑ $50K
(7.2%) | |
| Price Increased | |||
| Mar 25, 2026 | Listed by Halvatzis Realty Inc | $699,000 | |
| Listed by Halvatzis Realty Inc | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017