309 SEARS AVENUE
About This Property
This 3-bedroom, 2-bath home has a warmth and personality you don't find every day. From the moment you step inside, you'll notice the character that only a thoughtfully cared-for home can offer.
The living area feels bright and comfortable, with wood floors, plenty of natural light, and a cozy brick fireplace at its center. The kitchen is designed for both everyday life and entertaining, featuring a gas range, stainless steel accents, and an easy flow to the dining and family spaces.
French doors open to inviting outdoor areas with paver patios and room to relax after a day at the beach. With natural gas utilities, a detached garage, and a convenient mudroom connection, every detail was made for comfort and practicality.
Set on a high, well-situated lot within walking distance to the beach and just a quick bike ride to Beach Street, Jackie Robinson Ballpark, shopping, restaurants, and nightlife, this home blends charm, function, and location in one perfect package. Schedule a private showing today!
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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 |
|---|---|---|---|
| Feb 18, 2026 | Sold | ||
| Sold | |||
| Jan 17, 2026 | In contract | - | |
| In contract | |||
| Jan 12, 2026 | Price Decreased |
$364,000
↓ $5K
(1.4%) | |
| Price Decreased | |||
| Dec 17, 2025 | Price Decreased |
$369,000
↓ $6K
(1.6%) | |
| Price Decreased | |||
| Nov 4, 2025 | Price Decreased |
$375,000
↓ $10K
(2.6%) | |
| Price Decreased | |||
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KELLER WILLIAMS RLTY FL. PARTN
Last Updated: 9 months ago
Data Source: Stellar MLS, MLS# V4945377
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017