45
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4647 CRESCENT Street
About This Property
What truly sets this property apart is its secluded primary suite, tucked away in its own private section of the home. A cozy lower-level sitting room creates a natural transition to the upstairs retreat, offering the feeling of a separate wing altogether. Whether used as a luxurious owner's sanctuary, private guest quarters, or a dedicated work-from-home space, the layout provides a level of privacy rarely found in homes of this era. The spa-inspired primary bath features a clawfoot soaking tub, walk-in shower, and lighted mirrors.
Additional improvements include vinyl windows, updated plumbing, partial electrical updates, and a crawlspace moisture barrier. Relax on the welcoming front porch or unwind on the rear porch with its newer roof and gutters. A move-in-ready historic home offering character, comfort, and versatility in the heart of Murray Hill.
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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 9, 2026 | Price Decreased |
$455,000
↓ $10K
(2.2%) | |
| Price Decreased | |||
| Jul 21, 2026 | Price Decreased |
$465,000
↓ $5K
(1.1%) | |
| Price Decreased | |||
| Jun 9, 2026 | Price Decreased |
$470,000
↓ $10K
(2.1%) | |
| Price Decreased | |||
| May 27, 2026 | Price Decreased |
$480,000
↓ $5K
(1%) | |
| Price Decreased | |||
| May 7, 2026 | Price Decreased |
$485,000
↓ $5K
(1%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017