4450 Hill Avenue
About This Property
The property is conveniently positioned near Wakefield, with close access to the MTA 2 and 5 subway lines, major bus routes, and nearby parkways for easy commuting throughout the Bronx, Manhattan, and Westchester County. Local highlights include Seton Falls Park, neighborhood shopping along White Plains Road, and a variety of dining and community amenities. The area is known for its residential feel while still offering strong connectivity and everyday conveniences.
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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 28, 2026 | Sold | ||
| Sold | |||
| Feb 22, 2026 | In contract | - | |
| In contract | |||
| Jan 13, 2026 | Price Decreased |
$750,000
↓ $25K
(3.2%) | |
| Price Decreased | |||
| Dec 28, 2025 | Listed by Real Broker NY LLC | $775,000 | |
| Listed by Real Broker NY LLC | |||
| Dec 21, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017