35 Second Street
About This Property
Welcome to 35 Second Street - a charming one-level home offering timeless character and everyday convenience. Enjoy relaxing on the inviting covered front porch before stepping inside to a comfortable layout featuring 3 bedrooms, 1.5 baths, and spacious living and dining areas perfect for daily living and entertaining.
Portions of the home feature original hardwood flooring, adding warmth and character throughout. The laundry area conveniently includes a half bath, while the crawlspace provides additional functionality with a small workshop area. Outside, a detached storage shed offers plenty of room for lawn equipment, tools, and extra storage needs.
Additional highlights include low-maintenance aluminum siding, two concrete driveways for easy access and parking, and a heat pump with a recently updated compressor for added peace of mind. Being sold "as is," this property presents a wonderful opportunity to add your personal touch and make it your own.
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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 |
|---|---|---|---|
| Oct 2, 2026 | Price Decreased |
$214,900
↓ $5K
(2.3%) | |
| Price Decreased | |||
| Jul 19, 2026 | Price Increased |
$220,000
↑ $20K
(10%) | |
| Price Increased | |||
| Jun 5, 2026 | Relisted | $200,000 | |
| Relisted | |||
| May 28, 2026 | In contract | - | |
| In contract | |||
| May 11, 2026 | Listed by Realty Group 1 LLC | $200,000 | |
| Listed by Realty Group 1 LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017