4409 Avenue M
About This Property
Welcome to 4409 Avenue M! Bring your vision to this three-bedroom, one-bath semi-detached home located in the heart of Flatlands, Brooklyn. Offering solid bones and a functional layout, this property is priced with interior renovations in mind. Its an ideal opportunity for end users looking to customize or investors seeking value.
The home features a private driveway and an exceptionally large backyard, perfect for outdoor entertaining, gardening, or future expansion (subject to approvals). With some TLC, this residence can be transformed into a wonderful long-term home built for a lifetime of memories.
Conveniently located near shopping, public transportation, schools, and houses of worship, this property combines potential, space, and location. A great chance to create something special in a well-established neighborhood.
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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 8, 2026 | Sold | ||
| Sold | |||
| Feb 28, 2026 | In contract | - | |
| In contract | |||
| Jan 9, 2026 | Listed by Revived Greater New York | $649,000 | |
| Listed by Revived Greater New York | |||
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About Southeastern Brooklyn
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Data Source: OneKey MLS
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017