306 E 1St Avenue
About This Property
Updated 4-bedroom, 2-bathroom home offering 2,009 square feet of living space. NEW AC, NEW PEX plumbing, and NEW water heater! Kitchen features NEW appliances, NEW countertops, and contemporary fixtures. New floors throughout the home.
Split floorplan provides a private primary suite retreat with updated fixtures, including NEW sink, NEW vanities, and shower, while the additional bedrooms offer flexibility for family, guests, or a home office. Step outside to a refreshed screened porch boasting NEW shutters, NEW screens, and NEW door.
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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 |
|---|---|---|---|
| Jul 24, 2025 | Sold | ||
| Sold | |||
| Jun 20, 2025 | In contract | - | |
| In contract | |||
| Jun 16, 2025 | Price Decreased |
$234,900
↓ $4K
(1.7%) | |
| Price Decreased | |||
| Jun 7, 2025 | Price Decreased |
$239,000
↓ $10K
(4.1%) | |
| Price Decreased | |||
| Mar 26, 2025 | Price Decreased |
$249,206
↓ $11K
(4.1%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017