3448 Helena Acres Drive
About This Property
The home features two bedrooms and one full bathroom, along with a unique loft area above the garage that includes multiple rooms-ideal for transforming into a guest suite, studio, workspace, or additional living area. While the house is in need of significant repairs, it presents a rare chance to design and customize every detail to your taste.
Whether you're an investor, builder, or buyer with a passion for restoration, this property offers endless potential to create something truly special. Bring your imagination and tools-this is your chance to reimagine and rebuild in a peaceful, tucked-away setting.
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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 |
|---|---|---|---|
| Oct 9, 2026 | Sold | ||
| Sold | |||
| Sep 25, 2026 | In contract | - | |
| In contract | |||
| Sep 14, 2026 | Price Decreased |
$89,900
↓ $5K
(5.3%) | |
| Price Decreased | |||
| Aug 17, 2026 | Price Decreased |
$94,900
↓ $5K
(5%) | |
| Price Decreased | |||
| Jul 21, 2026 | Price Decreased |
$99,900
↓ $10K
(9.1%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017