32
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3117 Vassar Street
About This Property
Roof and AC were replaced in 2023. Bathrooms are newer but the kitchen does need a major upgrade. Plenty of parking at the front and on the street. Come take a look at the potential this property has to offer.
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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 |
|---|---|---|---|
| Jul 13, 2026 | Sold | ||
| Sold | |||
| Mar 12, 2026 | Price Decreased |
$299,900
↓ $10K
(3.2%) | |
| Price Decreased | |||
| Feb 15, 2026 | Price Decreased |
$309,900
↓ $10K
(3.1%) | |
| Price Decreased | |||
| Jan 8, 2026 | Listed by Waterman Real Estate | $319,900 | |
| Listed by Waterman Real Estate | |||
| |||
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Welcome to a property offering far more space and versatility than its original design suggests. Expanded to over 2,100 square feet, this home provides four bedrooms and two and a half baths, all situated on a fully fenced and generously sized lot. The location is a major advantage. Just a short walk to the Florida Institute of Technology, the home is ideal for student housing and has a layout that naturally supports shared living. The surrounding neighborhood offers quick access to shopping, dining, parks, and major employers, making it equally appealing for anyone seeking a convenient and well-connected place to live. With some vision and updates, particularly in the kitchen which is ready for a full renovation, this property can easily become a highly desirable family home in a thriving area. The floor plan also allows for a potential separate unit with its own private entrance. This creates opportunities for additional rental income, multigenerational living, or a private guest suite. Key improvements are already complete. The roof and AC were both replaced in 2023, and the bathrooms have been updated, giving you a solid foundation to build upon. Ample parking is available both at the front of the home and along the street, offering convenience for residents and guests. Come see the potential this property holds and imagine how it can work for your needs today and your plans for tomorrow.
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| Oct 28, 2024 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017