3425 EASTERN AVE
About This Property
The first floor is accentuated by natural light, 10-foot ceilings and features a dream kitchen, equipped with top-end appliances, 40-inch cabinets and quartz countertops. A flexible room on this level can serve as a cozy bedroom or a home office.
The second floor features the expansive owner's suite, with its own balcony, ample storage and luxuriously finished private bathroom. Three (3) additional bedrooms, a full bathroom and an extra large W/D closet with a spacious hallway provide quality spaces and make the most of the square footage.
The lower level also features a bedroom, full bathroom and is roughed-in for a kitchenette, its own electric sub panel, and an additional washer/dryer hookup. Create an incredible 2nd living/entertainment space or build it out, add a second bedroom and enhance the investment potential to offset your income.
The home is landscaped with seasonal native perennials and annuals for color year-round and a backyard ready for outdoor gatherings. It's a space that's not just ready to live in but also ripe for making it your own.
In the heart of Mount Rainier, a community known for its vibrant energy and neighborhood charm, 3425 Eastern Avenue's location offers a variety of parks for outdoor enthusiasts. Enjoy biking, hiking and kayaking just minutes away. The location also boasts authentic local cuisine within walking distance like the award-winning Pennyroyal Station and Era Wine Bar, while Lowes, Costco, and grocery stores are less than a five minute drive away. Furthermore, its proximity to DC's major arteries of New York Avenue and Rhode Island Avenue, the price-booming neighborhood of Woodridge, and the major development happening in every direction from your new home make it an attractive location.
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| Jul 23, 2024 | Sold | ||
| Sold | |||
| Jun 14, 2024 | In contract | - | |
| In contract | |||
| May 21, 2024 | Price Increased |
$849,900
↑ $900
(0.1%) | |
| Price Increased | |||
| May 21, 2024 | Price Decreased |
$849,000
↓ $26K
(3%) | |
| Price Decreased | |||
| Apr 19, 2024 | Listed by Keller Williams Capital Properties | $875,000 | |
| Listed by Keller Williams Capital Properties | |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017