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Map
2929 Carmel Street
About This Property
Located near scenic parks and bike trails, this property is perfect for outdoor enthusiasts or anyone who enjoys a peaceful, nature-connected lifestyle. The oversized lot provides endless possibilities-add a garden, build a pool, or simply enjoy the extra room to roam.
Whether you're a first-time buyer or someone ready to make a space truly your own, this home is the perfect canvas to build on.
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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 |
|---|---|---|---|
| Sep 26, 2025 | Sold | ||
| Sold | |||
| Aug 25, 2025 | Listed by Nan & Company Properties | $295,000 | |
| Listed by Nan & Company Properties | |||
| Jul 3, 2025 | Listed | $305,000 | |
| Listed | |||
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This beautifully updated 2,000 square foot home sits on an expansive 15,000 square foot lot, offering ample space both inside and out. With recent renovations, the home blends modern comfort with solid bones—making it a great start for anyone looking to personalize their dream home.
Located near scenic parks and bike trails, this property is perfect for outdoor enthusiasts or anyone who enjoys a peaceful, nature-connected lifestyle. The oversized lot provides endless possibilities—add a garden, build a pool, or simply enjoy the extra room to roam.
Whether you're a first-time buyer or someone ready to make a space truly your own, this home is the perfect canvas to build on.
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| Feb 5, 2025 | In contract | - | |
| In contract | |||
| Jan 10, 2025 | Listed | $305,000 | |
| Listed | |||
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This beautifully updated after previous renters, move-in ready gem features 3 cozy bedrooms with generous closet space and 2 full bathrooms. Enjoy an semi open-concept kitchen and spacious living areas, including a versatile front den that could easily be transformed into a 4th bedroom from bedroom hallway. Step outside to a large backyard, perfect for entertaining family and friends or relaxing in your private outdoor retreat. The property boasts ample width and depth, offering 2 lots at 15,000 sq. ft. of exciting possibilities for future expansion / garage conversion investment. Potential for creating your ideal sanctuary is limitless; see example picture renders for idea. Developing area conveniently located just minutes from Sylvester Turner Park, White Oak Bayou Trails and TC Jester Dog Park, this home is ideally situated for convenience and recreation. Don't miss out—schedule your tour today and see why this home is a steal!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017