412 LIPPINCOTT AVENUE
About This Property
Step inside to find a bright and welcoming first floor featuring kitchen, spacious living room, dining room, primary bedroom, and a fully renovated bathroom. Upstairs offers two additional bedrooms and an updated half bath-ideal for family, guests, or flexible home office space.
The full basement has been professionally waterproofed with a French drain system, providing peace of mind and incredible potential to finish for additional living space-think rec room, gym, playroom, or media area.
Enjoy outdoor living on your generously sized corner lot, perfect for entertaining, pets, or simply relaxing in your private fenced yard. Conveniently located near shopping, dining, and major roadways, making commuting easy while staying close to family and everything you need.
Homes in walkable neighborhoods like this don't last-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 |
|---|---|---|---|
| Apr 10, 2026 | Sold | ||
| Sold | |||
| Mar 17, 2026 | In contract | - | |
| In contract | |||
| Mar 8, 2026 | Price Decreased |
$340,000
↓ $10K
(2.9%) | |
| Price Decreased | |||
| Feb 24, 2026 | Price Decreased |
$350,000
↓ $5K
(1.4%) | |
| Price Decreased | |||
| Feb 15, 2026 | Listed by Coldwell Banker Realty | $355,000 | |
| Listed by Coldwell Banker Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017