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3454 W 48Th Street
About This Property
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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%.
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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.
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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 |
|---|---|---|---|
| Jun 3, 2026 | Sold | ||
| Sold | |||
| Sep 11, 2025 | Listed by Realty Executives | $2,600,000 | |
| Listed by Realty Executives | |||
| Oct 1, 2024 | Sold | ||
| Sold | |||
| Jun 24, 2024 | Listed by Nourmand & Associates-BH | $1,399,000 | |
| Listed by Nourmand & Associates-BH | |||
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Look no further the fixer you have been waiting for is finally here! The Ware estate is located in the historic and beautiful Windsor Hills where you will find this lovey 1941 Spanish Jewel sitting on 2 large lots just waiting to be restored to her former glory! This home features 4 beds 4 bath + Office + Den + Pool. Formal entry with a dramatic step up living room featuring a stunning wood beamed. The room is light and bright with a large fireplace. Located off the living room you will find a large formal dining room that connects to the kitchen and den. The dining room and den overlook the huge yard. Also on the first level, you will find the 4th bedroom, bathroom, the office, powder room, and laundry room. Upstairs, you will discover a large primary suite with a spacious bathroom. Above the primary bedroom, there is a large converted attic space that could be an amazing closet dressing room (315 sq ft room is not included in sq ft). The second bedroom upstairs has views of Downtown Los Angeles from the enclosed balcony. Between the primary and 2nd bedroom there is generously sized 3rd bedroom . A large hallway bathroom complete the second story. The grounds of the property are sprawling with a pool, pavilion bathroom, and changing room. There are 2 full size garages located on the property. One of the garages would make a perfect ADU (buyer to check with the city). This is a perfect project for a flipper, builder, or architectural enthusiast. The price includes both lots which have their own APN. Each lot is 7000 sq ft. It might be possible to build 2 new homes (buyer to check with city). This is an "as is" sale so there will be no credit or repairs. This is a probate with no court confirmation. Seller will review offers Monday 7/1 at 3 pm
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About View Park-Windsor Hills
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017