38 Garrison Rd #2
About This Property
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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%.
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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 |
|---|---|---|---|
| Jun 25, 2025 | Sold | ||
| Sold | |||
| May 19, 2025 | In contract | - | |
| In contract | |||
| May 13, 2025 | Listed | $1,495,000 | |
| Listed | |||
| |||
|
This charming floor through unit is set in a handsome brick building superbly located on Aspinwall Hill near vibrant Washington Square. It offers a wonderful floor plan for today's living with four bedrooms and two and one-half bathrooms. Highlights include a living room with a grand fireplace, beautiful detail, high ceiling, and French door out to the porch; a gracious dining room with a fireplace and built-ins; and a modern, eat-in kitchen. Amenities such as in-unit laundry, air-conditioning, private storage, parking, and common outdoor patio area add to its appeal. The building is well maintained, and shops, restaurants, and the "T" are all easily accessible.
| |||
| May 19, 2017 | Sold | ||
| Sold | |||
| Feb 21, 2017 | Listed by Hammond Residential Real Estate | $998,000 | |
| Listed by Hammond Residential Real Estate | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/13/2025
|
4 Bed
|
2 Bath
|
1822 ft²
|
$1,495,000
4 Bed
2 Bath
1822 ft²
|
$1,495,000
06/25/2025
|
Mona Wiener
Hammond Residential Real Estate
| |
|
02/21/2017
|
3 Bed
|
2 Bath
|
1880 ft²
|
$998,000
3 Bed
2 Bath
1880 ft²
|
$1,218,000
+22.04%
05/19/2017
|
Lynette Glover
Hammond Residential Real Estate
| |
|
03/31/2005
|
3 Bed
|
2 Bath
|
1822 ft²
|
$775,000
3 Bed
2 Bath
1822 ft²
|
$750,000
-3.23%
08/01/2005
|
Elaine Clement
| |
|
02/16/2001
|
4 Bed
|
3 Bath
|
1822 ft²
|
$615,000
4 Bed
3 Bath
1822 ft²
|
$615,000
05/07/2001
|
Veronica Franklin
Compass
| |
|
06/27/2000
|
4 Bed
|
3 Bath
|
1822 ft²
|
$529,000
4 Bed
3 Bath
1822 ft²
|
$543,000
+2.65%
09/07/2000
|
Merle Winer
Hammond Residential Real Estate
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017