3423 Balmars Avenue
About This Property
A full basement adds valuable flex space--ideal for a future family room, home gym, hobby area, or simply abundant storage--giving you room to grow over time. The attached 2.5-car garage provides sheltered parking plus extra room for tools, equipment, or outdoor gear, keeping everything close at hand and out of the elements.
Outside, the fenced backyard is a standout, featuring an additional garage that's perfect for a workshop, storage, or toys, along with a spacious deck for grilling and gatherings. The included hot tub offers a relaxing retreat at the end of the day, creating a private outdoor oasis right at home. With its blend of accessibility, updates, functional space, and a sought-after school district location, this property is a rare find and ready for its next owner.
Contact REALTOR with your questions to or to schedule a private tour.
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Cap Rate Calculator
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 |
|---|---|---|---|
| May 21, 2026 | Sold | ||
| Sold | |||
| May 1, 2026 | In contract | - | |
| In contract | |||
| Apr 13, 2026 | Listed by Coldwell Banker Beiswanger Realty Group | $270,000 | |
| Listed by Coldwell Banker Beiswanger Realty Group | |||
| Oct 16, 2014 | Sold | ||
| Sold | |||
| Jun 24, 2014 | Listed by Coldwell Banker Beiswanger Realty Group | $133,000 | |
| Listed by Coldwell Banker Beiswanger Realty Group | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017