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32 Tibbetts Road
About This Property
Don't miss this fantastic opportunity to own a 2-bedroom, 1-bath Cape Cod in one of the most sought-after areas on Tibbetts Rd. This home offers classic charm and great bones, with plenty of potential for the buyer looking to bring their vision and updates.
The property needs some work and is priced aggressively for a quick sale, making it perfect for investors, contractors, or handy homebuyers eager to build equity. Due to the condition, conventional financing may not be considered-cash or renovation loans are likely required.
Homes in this neighborhood rarely hit the market at this price-act fast and schedule your appointment 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 | |||
| Dec 7, 2025 | In contract | - | |
| In contract | |||
| Nov 22, 2025 | Listed by AI Realty Brokerage LLC | $375,000 | |
| Listed by AI Realty Brokerage LLC | |||
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Data Source: OneKey MLS
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017