3565 3rd Avenue
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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 |
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| Jan 29, 2026 | Sold | ||
| Sold | |||
| Dec 6, 2025 | In contract | - | |
| In contract | |||
| Oct 1, 2025 | Listed by Scott & Quinn Real Estate | $2,750,000 | |
| Listed by Scott & Quinn Real Estate | |||
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Nestled on a tranquil, tree-lined street in the heart of Hillcrest, the John & Evelyn Rice/Arthur Keyes House masterfully blends timeless elegance with modern comfort. Situated on a peaceful, non-through street, this extraordinary residence offers a serene retreat just moments from vibrant shopping, dining, and nightlife in Hillcrest and Bankers Hill. The impressive foyer sets the tone for oversized, light-filled rooms adorned with original box beam ceilings, crown moulding, and exquisite architectural details. Elegant chandeliers, striking light fixtures, and two cozy fireplaces create a warm, inviting ambiance, while hardwood floors, ceiling fans, and built-in speakers enhance the home’s luxurious appeal. The spacious primary bedroom suite, conveniently located on the first floor, offers privacy and comfort—an ideal sanctuary for rest and relaxation. The expansive kitchen is a chef’s dream, featuring timeless cabinetry, sleek stainless steel appliances, 6 burner gas range with a griddle, double ovens, and elegant marble countertops that elevate everyday living. The winding brick walkways and mature landscaping give the exterior its distinctive charm, complemented by copper gutters that underscore the home’s classic beauty. Modern amenities include a fully owned solar system, water softener, and water filtration system—offering both sustainability and comfort. Parking is generous, with a two-car garage and some additional on-site spaces. With its Mills Act designation, this historic gem enjoys substantially reduced property taxes—making it not just a beautiful home, but a smart investment.
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| Jun 23, 2025 | Listed | $2,750,000 | |
| Listed | |||
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| Aug 14, 2012 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017