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4123 Yale Street
About This Property
Location is everything - situated on a main street with excellent visibility and steady traffic, this property is ideal for maximizing exposure. The surrounding area is brimming with new construction, reflecting strong demand and rising property values.
Just minutes from Downtown, The Heights, and The Galleria, this site combines convenience with growth potential. Whether you're looking to develop, flip, or hold as a rental investment, this is a prime opportunity in a high-growth corridor where values continue to rise.
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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 16, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| May 16, 2026 | Listed by Winhill Advisors - Kirby | $234,999 | |
| Listed by Winhill Advisors - Kirby | |||
| Mar 4, 2026 | Price Decreased |
$234,999
↓ $25K
(9.6%) | |
| Price Decreased | |||
| Jan 9, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Jan 8, 2026 | Listed by Winhill Advisors - Kirby | $260,000 | |
| Listed by Winhill Advisors - Kirby | |||
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Don’t miss this exceptional opportunity to build in one of the most sought-after areas! Surrounded by new developments and rapidly increasing housing growth, this property offers incredible potential. The spacious lot can easily be divided into four attached parcels, providing flexibility for builders, investors, or developers. Also make passive income to rent the home while finalizing plans for new construction.
Location is everything — situated on a main street with excellent visibility and steady traffic, this property is ideal for maximizing exposure. The surrounding area is brimming with new construction, reflecting strong demand and rising property values.
Just minutes from Downtown, The Heights, and The Galleria, this site combines convenience with growth potential. Whether you’re looking to develop, flip, or hold as a rental investment, this is a prime opportunity in a high-growth corridor where values continue to rise.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017