309 WASHINGTON AVENUE
About This Property
Beautifully updated throughout, the home blends modern conveniences with timeless charm. A spacious family room addition creates the perfect gathering space, while the generously sized primary suite features a private en-suite bath, both thoughtfully added by a previous owner.
Step outside to enjoy the peaceful, shaded backyard, complete with a built-in storage shed equipped with electricity-ideal for hobbies, a workshop, or extra storage. Situated in a highly desirable neighborhood . This move-in-ready gem offers comfort, convenience, and plenty of charm.
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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 2, 2026 | Price Decreased |
$379,900
↓ $10K
(2.6%) | |
| Price Decreased | |||
| Aug 25, 2026 | Price Decreased |
$389,900
↓ $10K
(2.5%) | |
| Price Decreased | |||
| Aug 25, 2026 | Relisted | $400,000 | |
| Relisted | |||
| Aug 9, 2026 | In contract | - | |
| In contract | |||
| Jul 18, 2026 | Listed by Home and Heart Realty | $400,000 | |
| Listed by Home and Heart Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017