48
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373 Appian Way
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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 |
|---|---|---|---|
| Oct 7, 2026 | Listed by Alliance Bay Realty | $1,349,888 | |
| Listed by Alliance Bay Realty | |||
| Jan 8, 2026 | Sold | ||
| Sold | |||
| Dec 19, 2025 | In contract | - | |
| In contract | |||
| Nov 21, 2025 | Listed by Naushaba Rahman, Broker | $1,079,000 | |
| Listed by Naushaba Rahman, Broker | |||
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Investor, contractor, and value-add opportunity in the highly desirable 7-Hills enclave of Union City! This 2-story home offers approx 1,920 sq. ft. of living space, with 4 bedrooms and 2 full bathrooms on an oversized 6,916 sq. ft. lot. With it's generous layout, and prime location, this property presents strong potential for renovation, expansion, or a full modern redesign. The floor plan offers an ideal setup to open the main living areas into one expansive great room, creating highly desirable, open concept living. Situated near shopping, transportation, major freeways and employment hubs, the location supports excellent potential and long-term demand Ideal for investors, contractors, or buyers looking to build equity through improvements. A rare opportunity to add value in a sought-after neighborhood.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017