33 Nelson Avenue
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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 18, 2025 | Sold | ||
| Sold | |||
| Jun 21, 2025 | In contract | - | |
| In contract | |||
| Jun 12, 2025 | Listed by Douglas Elliman Real Estate | $949,000 | |
| Listed by Douglas Elliman Real Estate | |||
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This vintage beauty stands tall on one of South Blue Point's prettiest streets. Timeless in design with expansive wrap around porch, high ceilings, original hardwood floors, 3 fireplaces and more. The impressive entry brings you to wide open spaces featuring the sitting room on one side and living room on the other; beyond is the formal dining room conveniently adjacent to the large eat in kitchen. A full bathroom and laundry area compete the first floor. Upstairs you'll find three bedrooms, one the original master with decorative fireplace plus newly renovated bathroom. A smaller bedroom was converted into a spacious walk in closet. Ascend one more flight to the top floor- let your imagination run free- as this space can be a wonderful primary bedroom retreat, a home office, media room, or children's play room! Outside you'll enjoy the in ground pool, new paver patio, large green space and tremendous 3-car garage. Excellent and quiet location- just moments from Corey Beach, fishing pier and new library. Don't miss this one!
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| Sep 9, 2021 | Sold | ||
| Sold | |||
| Jul 28, 2021 | Sold | ||
| Sold | |||
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About Blue Point
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Data Source: OneKey MLS
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Address: 335 Madison Avenue, New York, NY 10017