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368 Balcom Avenue
About This Property
Welcome to 368 Balcom Avenue, a beautifully renovated two-family home located in the highly desirable Throggs Neck section of the Bronx. Situated on a 26.5 x 100 ft lot with approximately 2,535 sq. ft. of living space, this property offers a combination of modern finishes, functional layouts, and strong income-producing potential.
The first-floor apartment features 3 bedrooms, a finished basement, and a private garage, providing an abundance of living and storage space. The second-floor apartment is also a spacious 3-bedroom, 1-bathroom apartment. Both apartments are currently rented, making this an attractive opportunity for investors seeking an established cash-flowing property with minimal maintenance requirements.
The home has been extensively renovated with modern finishes throughout, including hardwood flooring, stainless steel appliances, granite countertops and island, renovated bathrooms, oak staircases, crown molding, smart lighting, and ample closet space. The property has been thoughtfully updated while maintaining the functionality of a traditional two-family home.
Located minutes from major highways and the Throggs Neck Bridge, the property offers convenient access to Manhattan, Queens, Long Island, and Westchester. It is also directly across from Trump Links at Ferry Point, providing a unique suburban-style setting within the Bronx.
Whether you're an investor looking for a turnkey income-producing property or an owner-occupier looking to live in one unit while generating rental income from the other, 368 Balcom Avenue offers a compelling combination of location, condition, and versatility.Featured Residential Sales
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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 |
|---|---|---|---|
| Sep 18, 2026 | Listed by NY Space Finders Inc | $1,100,000 | |
| Listed by NY Space Finders Inc | |||
| Oct 7, 2019 | No longer available | - | |
| No longer available | |||
| Aug 9, 2019 | Price Increased |
$1,200,000
↑ $401K
(50.2%) | |
| Price Increased | |||
| May 30, 2019 | Price Decreased |
$799,000
↓ $50K
(5.9%) | |
| Price Decreased | |||
| May 8, 2019 | Listed by BROOKLYN GRID LLC | $849,000 | |
| Listed by BROOKLYN GRID LLC | |||
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Totally Renovated Modern 2 Family House for Sale. This wont last. Minutes from the Highway and Throgs neck Bridge. Suburban Living in the Bronx. Across the Street form Trump Links Golf Course. Golfers ride your golf cart literally across the street. This one of a kind House has Smart Lighting throughout, Built-In Ceiling Speakers are truly unique for the Area. New Hardwood Floors- All Stainless Steel Appliances Granite Counter tops. - Granite Island - Oak Stair Cases Spa Like Bathroom, Open Shower Style -Perfectly Leveled Masonry. Crown Molding Ample Closet Space Make Rental a Must See - Both Units of house are currently rented - $3,250 for the unit and $2,100 for the upper, either unit can be delivered Vacant for Buyer -Call or text Nine One Seven Six Six Two One Zero One One to set up a showing -
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017