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2862 S Ivan Way
About This Property
This move-in-ready 4-bedroom, 2-bathroom home offers the perfect combination of modern updates, functional living space, and an unbeatable location. The bright, open-concept floor plan features a fully remodeled kitchen that flows seamlessly into the main living area-perfect for entertaining and everyday living.
Both bathrooms have been beautifully renovated. Fresh interior and exterior paint, refinished hardwood floors, brand-new carpet, and a new roof provide added value and peace of mind. Additional features include a charming wood-burning fireplace, a dedicated home office or flex room, and a separate laundry room.
Step outside to a large covered deck overlooking the spacious backyard-ideal for entertaining, gardening, or relaxing outdoors. Two storage sheds offer abundant space for tools and equipment, while the attached 1-car garage and additional off-street parking provide extra convenience.
Located in the highly sought-after Bear Valley neighborhood, with easy access to parks, shopping, restaurants, and major commuter routes. The sellers are ready to make a deal-schedule your showing today and bring your offer!
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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 |
|---|---|---|---|
| Oct 14, 2026 | Price Decreased |
$614,000
↓ $15K
(2.4%) | |
| Price Decreased | |||
| Sep 23, 2026 | Price Decreased |
$629,000
↓ $10K
(1.6%) | |
| Price Decreased | |||
| Sep 4, 2026 | Price Decreased |
$639,000
↓ $10K
(1.5%) | |
| Price Decreased | |||
| Aug 29, 2026 | Price Decreased |
$649,000
↓ $10K
(1.5%) | |
| Price Decreased | |||
| Aug 19, 2026 | Price Decreased |
$659,000
↓ $999
(0.2%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017