4405 RASPE AVENUE
About This Property
Distinctive single-family detached home with endless potential! Previously operated as an assisted living facility, this spacious property is much larger than it appears and offers a flexible layout ideal for a variety of living arrangements. The main level features a convenient bedroom, while the upper level includes two additional bedrooms and a full bath. A full basement provides abundant storage or future expansion possibilities.
Outside, enjoy a large fenced rear yard, an expansive rear deck with ramp access, and a one-car garage. This unique home is ready for renovation and updating, making it a fantastic opportunity for investors, renovators, or buyers looking to create their dream home. Bring your vision and unlock the possibilities!
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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 |
|---|---|---|---|
| Oct 4, 2026 | Price Decreased |
$189,900
↓ $15K
(7.3%) | |
| Price Decreased | |||
| Sep 5, 2026 | Relisted | $204,900 | |
| Relisted | |||
| Aug 11, 2026 | In contract | - | |
| In contract | |||
| Jul 2, 2026 | Price Decreased |
$217,900
↓ $12K
(5.2%) | |
| Price Decreased | |||
| Jun 16, 2026 | Relisted | $229,900 | |
| Relisted | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017