3547 Osage St
About This Property
Period architectural details provide a strong foundation for renovation. With two bedrooms, two bathrooms, and flexible living spaces, the layout allows for multiple improvement options-from cosmetic updates to a more comprehensive redesign-making it ideal for buyers looking to build equity or investors seeking a value-add opportunity.
Outdoor space includes a flagstone patio with potential to be transformed into a standout entertaining area. Additional features such as a dedicated laundry room, and basement storage. Surrounded by higher-priced homes and recent renovations, this property is well positioned for appreciation in a historic district known for its strong demand and limited inventory.
Located just blocks from top-rated restaurants, boutiques, neighborhood parks, and pedestrian bridges to downtown, this home presents a compelling opportunity to invest in location, character, and upside.
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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 |
|---|---|---|---|
| Jan 19, 2026 | In contract | - | |
| In contract | |||
| Jan 9, 2026 | Listed by HomeSmart Realty | $625,000 | |
| Listed by HomeSmart Realty | |||
| Nov 9, 2025 | Price Decreased |
$599,000
↓ $11K
(1.7%) | |
| Price Decreased | |||
| Oct 28, 2025 | Relisted | $609,500 | |
| Relisted | |||
| Oct 27, 2025 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017