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3929 Karen avenue
About This Property
The essentials have all been thoughtfully addressed: a roof under a year old, a water heater about two years old, recessed lighting, front and back sprinklers, and double-paned windows throughout. A long driveway offers ample additional parking and leads to a two-car garage complete with EV charging, an automatic opener, and its own electrical subpanel.
Set on a graceful, tree-lined street, the home falls within the highly regarded Newcomb K–8 Academy district, with McBride High School's magnet program also nearby.
The backyard is a private retreat, mature and meticulously maintained. A Meyer lemon tree and an orange tree frame a covered patio, while a garden swing rests beneath the trees along winding paths through a quiet, almost Zen-like garden with a shed tucked at the back. There's a spot in the sun, a spot in the shade, and ample room to dine alfresco or simply savor the surroundings.
This is a home where the hard work is already done - the mature, thoughtfully finished backyard the perfect complement to years of care throughout, ready for you to enjoy for years to come. ( be sure to view the video!)
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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 23, 2026 | Sold | ||
| Sold | |||
| Sep 10, 2026 | In contract | - | |
| In contract | |||
| Aug 24, 2026 | Listed by Compass | $960,000 | |
| Listed by Compass | |||
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About East End
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017