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3508 Douglas Avenue
About This Property
This home combines classic charm with the modern updates you would expect to see in a new home. Gleaming hardwood floors and natural lighting create a bright and welcoming atmosphere. The living and dining areas are great for hosting family and friends while the updated kitchen features appliances, breakfast area and closet with a washer and dryer. There are two cozy bedrooms and stylish bathrooms. Out back you will find a 572 square foot unfinished building. It is the perfect opportunity to create a studio apartment, guest house, home office or workshop. This home is move in ready with tons of potential! Property is currently being leased. Please do not disturb tenants. Please contact me for showing details.
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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| Oct 5, 2026 | Withdrawn | - | |
| Withdrawn | |||
| Sep 12, 2026 | Listed by Home Pros Real Estate Group | $205,000 | |
| Listed by Home Pros Real Estate Group | |||
| Jan 27, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Nov 21, 2025 | Price Decreased |
$229,900
↓ $10K
(4.2%) | |
| Price Decreased | |||
| Nov 6, 2025 | Listed by Home Pros Real Estate Group | $239,900 | |
| Listed by Home Pros Real Estate Group | |||
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Charming Home with Modern touches.
This home combines classic charm with the modern updates you would expect to see in a new home. Gleaming hardwood floors and natural lighting create a bright and welcoming atmosphere. The living and dining areas are great for hosting family and friends while the updated kitchen features appliances, breakfast area and closet with a washer and dryer. There are two cozy bedrooms and stylish bathrooms. Out back you will find a 572 square foot unfinished building. It is the perfect opportunity to create a studio apartment, guest house, home office or workshop. This home is move in ready with tons of potential- come see it for yourself!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017