4 Thistle Lane
About This Property
This spacious bi-level on a corner lot offers good bones, public water and sewer, low taxes, and an attached 2-car garage. The lower level spans the full footprint of the main floor, with two bedrooms, a full bath, and a large additional living area. That gives you room to expand or the potential for an accessory apartment set up - with proper approvals. The home needs work and is priced accordingly, a great opportunity for investors, contractors, and buyers ready to build equity quickly. Ideal for cash, rehab, or 203(k) renovation financing. Bring your tool belt and vision. Schedule your showing today!
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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 8, 2026 | Price Increased |
$399,000
↑ $4K
(1%) | |
| Price Increased | |||
| Oct 8, 2026 | Relisted | $395,000 | |
| Relisted | |||
| Dec 3, 2025 | In contract | - | |
| In contract | |||
| Oct 30, 2025 | Price Decreased |
$440,000
↓ $35K
(7.4%) | |
| Price Decreased | |||
| Oct 18, 2025 | Price Decreased |
$475,000
↓ $5K
(1%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017