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3254 Lafayette Avenue
About This Property
A sun-filled living room with an oversized picture window opens to a separate formal dining room with hardwood floors and a classic arched entry. The eat-in kitchen offers generous cabinetry, a wall oven, and room for a breakfast table. Three comfortable bedrooms and a full bath complete the main level, with an additional half bath for added convenience. The large basement, wrapped in wood paneling, provides flexible bonus space.
Outside, the home includes: a 60 x 102 lot (approx. 6,000 sqft) features a private backyard, a long driveway, and a detached two-car brick garage - a rare find in the city. R3A zoning offers added flexibility for owner-occupants and investors alike.
Commuters will love the location, with the BX8 just 250 feet from the door and the BXM9 express bus to Manhattan only 0.2 miles away. Marinas, waterfront dining, and the shoreline of the Long Island Sound are all close by.
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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 15, 2026 | In contract | - | |
| In contract | |||
| Jun 12, 2026 | Listed by Dobbs Realty Corporation | $769,999 | |
| Listed by Dobbs Realty Corporation | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017