4315 Yates St
About This Property
Freshly updated in August 2026 with new interior paint throughout the walls, trim, doors and newel post, all new light fixtures and a new tankless water heater. The sprinkler system was fully revamped in June 2026, and the gates enclosing the fenced yard were rebuilt just 2 years ago. At the heart of the home is a gourmet kitchen designed for someone who truly loves to cook, with an ideal chef's triangle, Viking range and refrigerator, and Miele dishwasher. The generous dining room comfortably seats 8-10, while the open two-story floor plan creates a wonderful flow for entertaining. Two bedrooms plus a dedicated office provide flexibility for working from home. Original yellow pine floors, an original cast-iron tub and other historic details preserve the character that makes a 1911 home so special. Double-hung windows feature convenient tilt latches, allowing them to tilt inward for easy exterior cleaning.
Outside, enjoy a fenced yard with mature trees and a rare two-car garage spacious enough for two SUVs. Additional conveniences include basement storage and an included washer and dryer. For more than a century, this home has been part of the story of Yates Street. Now it's ready for its next chapter.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017