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3965 30th Avenue SE
About This Property
The size, frontage, and configuration may allow for subdivision, creating exceptional flexibility for investors, builders, or buyers seeking a private estate with long-term upside potential. Recent sales of 2 to 2.5-acre upland lots in the area have exceeded $170,000 per lot, suggesting potential value upside if the property is subdivided, subject to buyer verification and county approval requirements.
Whether you envision constructing a custom home, developing multiple homesites, or holding as a future investment, this property offers a variety of possibilities. Conveniently located near shopping, dining, schools, and a charter school, the parcel combines the privacy of acreage living with easy access to everyday amenities.
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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 2, 2026 | Sold | ||
| Sold | |||
| Jul 6, 2026 | In contract | - | |
| In contract | |||
| Jun 25, 2026 | Price Decreased |
$289,000
↓ $600
(0.2%) | |
| Price Decreased | |||
| Jun 11, 2026 | Price Decreased |
$289,600
↓ $9K
(3.1%) | |
| Price Decreased | |||
| May 12, 2026 | Price Decreased |
$299,000
↓ $600
(0.2%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017