3565 Caspian Avenue
About This Property
This charming 2-bedroom, 1-bathroom residence offers 768 square feet of beautifully updated living space on a spacious 5,093-square-foot lot-far larger than the typical lots in the area. Every detail has been thoughtfully upgraded, including new windows, doors, recessed lighting, and interior and exterior paint. The home also features a brand-new garage door, fresh landscaping with lush sod, and a new AC system to keep you cool year-round.
The standout feature is the extra-long driveway, which can comfortably fit up to 4 cars. This property is ideal for homeowners looking for extra space or potential rental income, as the detached garage is perfectly suited for an ADU conversion. With laundry hookups conveniently located inside the home, you'll have everything you need to live comfortably while renting out the back unit.
The large lot offers endless possibilities-whether you're entertaining, gardening, or planning for future expansion
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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 |
|---|---|---|---|
| Jan 6, 2025 | Sold | ||
| Sold | |||
| Dec 20, 2024 | In contract | - | |
| In contract | |||
| Dec 4, 2024 | Listed by OC Homes Realty | $619,900 | |
| Listed by OC Homes Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017