409 Borman Avenue
About This Property
Well... take a breath. Because this one just raised its hand.
Built in 1969, back when houses were built like houses and not like temporary suggestions, this 3-bedroom, 2-bath, 1,507 sq ft classic is sitting confidently on its corner lot like it still remembers when it was the nicest house on the block... and frankly, it still might be.
Inside, the rooms are big, the flow makes sense, and yes... the original Brady-Bunch-era oven is still there... still working... still waiting for someone named Alice to slide out a perfectly golden turkey while Greg and Marcia argue about something extremely important. It's not old... it's legendary.
Step out back and you'll be instantly transported to a time before Wi-Fi passwords and TikTok algorithms... when Saturdays meant sprinklers, BBQ smoke, and that one uncle who somehow always smelled like aftershave, cigars, and life advice. Two massive shade trees anchor the backyard, creating the perfect setting for summer evenings, birthday parties, or just sitting there doing absolutely nothing... which, as it turns out, is still one of life's greatest luxuries. The updated dual pane windows and slider even have Solar Screens to keep the heat outside where it belongs. Speaking of sprinklers, these babies are automatic; no more watering the lawn with a garden hose.
The 8,293 sq ft lot gives you room to breathe. The covered patio is ready for year-round lounging. And the oversized 2-car garage has plenty of space for your cars, your tools, and those mysterious storage boxes you've moved with you for 17 years and never opened.
And let's talk about everyone's favorite four-letter word: HOA.
Yeah... there isn't one. Not here. Not today. Not ever. Freedom lives here.
This isn't just a house. It's a time machine with good bones and a great attitude.
If you've been waiting for something with character, space, and soul... this is your sign.
Put it at the top of your list. Your future self...the one sitting in that backyard with a cold drink and zero regrets...will thank you.
Have your people call my people. We'll open escrow and make history.
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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 12, 2026 | Sold | ||
| Sold | |||
| Apr 17, 2026 | In contract | - | |
| In contract | |||
| Mar 31, 2026 | Price Decreased |
$324,900
↓ $15K
(4.4%) | |
| Price Decreased | |||
| Mar 6, 2026 | Relisted | $339,900 | |
| Relisted | |||
| Mar 1, 2026 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017