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3020 Bainbridge Avenue
About This Property
A classic covered front porch opens into a dedicated entry foyer, setting the tone immediately. The formal dining room is anchored by elegant bay windows and connects to the living room through the home's original fully restored wood pocket doors, a rare architectural detail you simply don't find anymore. Hardwood floors run seamlessly throughout the main living spaces, and new fixtures throughout add a clean, updated finish without compromising the home's historic integrity.
The kitchen has been renovated for both function and style, featuring stainless steel appliances, a gas range, butcher-block center island, subway tile backsplash, and durable slate-style flooring. A built-in breakfast nook flows naturally off the kitchen, designed for everyday living.
The home is configured as a highly functional five-bedroom residence across two upper floors. The second floor features an oversized primary bedroom, a secondary bedroom, a full bathroom, and a dedicated walk-in closet that can easily serve as another bedroom or home office. The third floor offers three additional well-proportioned bedrooms and a second full bathroom. The bathrooms have been refreshed with restored fixtures, maintaining the home's period character.
A large unfinished basement serves as a blank canvas ready for a home gym, recreation room, or additional storage. The footprint is there; the vision is yours. The fully enclosed backyard is designed for entertaining, featuring custom horizontal wood fencing, a wooden deck, built-in bench seating, a low-maintenance pea gravel finish, and integrated wired lighting, a complete outdoor remodel executed with care.
Upgrades include: Split-system AC units provide efficient zoned cooling throughout, restoration of radiators, and a brand-new roof installed by the seller in 2021 comes with a transferable warranty.
The location is as practical as the home itself. With five subway stations within walking distance spanning the B, D, and 4 trains, getting to anywhere in Manhattan is seamless. The Bx34 bus runs directly along Bainbridge Avenue, putting the rest of the Bronx at your doorstep, with additional routes connecting you across the borough in every direction. For those commuting by rail, Metro-North's Harlem Line at Botanical Gardens Station delivers you to Grand Central Terminal in approximately 20 minutes. Whether you're heading downtown, uptown, or out of the city entirely, this address makes it easy.
3020 Bainbridge Avenue delivers historic character with move-in-ready confidence. In a market where true turnkey is rare, this one has to be seen in person.
All material herein is intended for information purposes only and has been compiled from sources deemed reliable. Though information is believed to be correct, it is presented subject to errors, omissions, changes or withdrawal without notice. Buyers are advised to verify all information.
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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%.
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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.
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017