3918 Fruitvale Ave
About This Property
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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 |
|---|---|---|---|
| May 13, 2026 | Sold | ||
| Sold | |||
| Apr 30, 2026 | In contract | - | |
| In contract | |||
| Apr 17, 2026 | Listed by Compass | $779,000 | |
| Listed by Compass | |||
| Feb 25, 2025 | Sold | ||
| Sold | |||
| Feb 7, 2025 | Listed by Compass | $524,700 | |
| Listed by Compass | |||
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This Classic 1939 split-level is set above the street and into a hill in the popular Upper Dimond district. Owned for 30 years and tenant-occupied for the last 20, this is a perfect opportunity to bring a neglected cutie back to life, both cosmetically and structurally. Roof is newer and in excellent condition. Newer tankless hot water heater, as well. A play area in finished-out attic adds extra usable square footage not in the public records. Random plank hardwoods. Formal breakfast room. Unusally generous closet space in primary bedroom. Garage was converted into a sound studio and then partially back again. Deep, terraced back yard awaits your imagination. Less than a mile to Dimond shopping. Lots of upside!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017