409 CLEMENTS BRIDGE ROAD
About This Property
While this property requires considerable work, it's a fantastic opportunity for those with a passion for restoration. Whether you're dreaming of bringing historic charm back to life or adding your modern touches, this home could become your masterpiece. Don't miss this rare chance to create something truly special!
AS IS sale.
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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 |
|---|---|---|---|
| May 8, 2025 | Sold | ||
| Sold | |||
| Mar 14, 2025 | In contract | - | |
| In contract | |||
| Mar 10, 2025 | Listed | $300,000 | |
| Listed | |||
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Unlock the potential of this charming colonial-style gem! With 4 spacious bedrooms, 1 full bath, and 1 half bath, this home is a canvas waiting for your vision. A deep front porch sets the stage for picturesque mornings and relaxed evenings, evoking timeless curb appeal. .Featuring what appears to be original woodwork, there is a first floor office/den or formal dining room, a gracious staircase leading to the upper floor and a large attic space that is wall boarded and ready to be a family room, craft room or whatever you can imagine,
While this property requires considerable work, it’s a fantastic opportunity for those with a passion for restoration. Whether you’re dreaming of bringing historic charm back to life or adding your modern touches, this home could become your masterpiece. Don’t miss this rare chance to create something truly special!
AS IS sale.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017