40
Map
3102 Ivanhoe Lane
About This Property
Step outside to discover a backyard full of potential, featuring alley access, an additional carport, and a workshop complete with electricity and air conditioning. Whether you're looking for a hobby space, home office, gym, guest quarters, or considering an income-producing opportunity, this detached building could easily be converted into additional living space or an Airbnb (buyer to verify all zoning and permitting requirements).
With multiple living and dining areas, ample parking, and unique bonus features, this property offers the perfect blend of comfort, functionality, and investment potential.
Buyer and buyers agent to verify schools, square footage, and materials.
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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 |
|---|---|---|---|
| Aug 24, 2026 | In contract | - | |
| In contract | |||
| Aug 6, 2026 | Price Decreased |
$319,000
↓ $10K
(3%) | |
| Price Decreased | |||
| Jul 1, 2026 | Listed by KW SYNERGY* | $329,000 | |
| Listed by KW SYNERGY* | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017