4007 35TH STREET
About This Property
The main level offers an open layout that includes a living and dining area, two spacious bedrooms, a full bathroom, and a washer and dryer. The renovated kitchen features quartz countertops, stainless steel appliances, and 42-inch cabinets, and opens out to a large deck, perfect for entertaining. Upstairs, you'll find two additional spacious bedrooms and another full bathroom. The basement is currently unfinished, providing excellent storage space or potential for future customization.
Above the garage, there's a large studio with a full bathroom, a private entrance, and its own mini-split heating and cooling system. The garage below can be used for parking or converted into a living space with a dining area and kitchenette, offering the potential to create a full apartment for additional income.
This home is conveniently located a short distance to dining, schools, shops, bus stops, and less than 2 miles from the metro. Do not miss the opportunity to own this stunning gem!
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jun 16, 2025 | Sold | ||
| Sold | |||
| May 27, 2025 | In contract | - | |
| In contract | |||
| May 22, 2025 | Price Decreased |
$625,000
↓ $25K
(3.8%) | |
| Price Decreased | |||
| May 18, 2025 | Price Decreased |
$649,949
↓ $1
(0%) | |
| Price Decreased | |||
| Apr 29, 2025 | Price Decreased |
$649,950
↓ $45
(0%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017