3112 Hays Street
About This Property
The brand-new kitchen features modern shaker cabinets, granite countertops, a new backsplash, and updated finishes throughout. Upgrades extend well beyond cosmetics and include new flooring, fresh interior paint, new doors and baseboards, new windows, and all new light fixtures. Major systems have also been improved with a new HVAC system, along with upgraded electrical and plumbing. Both bathrooms have been fully remodeled with contemporary finishes. Truly, nothing has been overlooked in this home, ask for the complete list of upgrades.
NO HOA, low tax rate, and the property is not located in a flood zone. This move-in-ready home is a must-see.
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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 12, 2026 | Sold | ||
| Sold | |||
| Jan 14, 2026 | In contract | - | |
| In contract | |||
| Dec 17, 2025 | Listed by The Larios Home Group | $255,000 | |
| Listed by The Larios Home Group | |||
| Dec 12, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| Oct 25, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
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About Deepwater
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017