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4102 28TH AVENUE
About This Property
This semi-detached 3-bedroom, 1.5-bath home offers solid bones and a functional layout.
Features include hardwood floors throughout, a spacious eat-in kitchen with direct access to an expansive backyard, and a traditional living and dining area. The partially finished lower level provides additional space with potential for customization-ideal for creating added living area, a home office, or rental flexibility.
Conveniently located just minutes from Marlow Heights Shopping Center and Giant Food, with easy access to Interstate 495 for commuting. A strong value-add opportunity in a well-connected location.
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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 |
|---|---|---|---|
| Jul 8, 2026 | Sold | ||
| Sold | |||
| May 6, 2026 | In contract | - | |
| In contract | |||
| Apr 28, 2026 | Listed by TTR Sotheby's International Realty | $269,000 | |
| Listed by TTR Sotheby's International Realty | |||
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About Hillcrest Heights
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017