1
Map
4723 E 3rd Street
About This Property
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 |
|---|---|---|---|
| Jul 9, 2025 | Sold | ||
| Sold | |||
| Jun 11, 2025 | In contract | - | |
| In contract | |||
| Jun 6, 2025 | Price Decreased |
$1,050,000
↓ $49K
(4.5%) | |
| Price Decreased | |||
| May 25, 2025 | Price Decreased |
$1,099,000
↓ $51K
(4.4%) | |
| Price Decreased | |||
| Apr 21, 2025 | Listed by Coldwell Banker Realty | $1,150,000 | |
| Listed by Coldwell Banker Realty | |||
| | |||
|
Nestled in the highly sought-after "Belmont Heights" area, this location offers a short walk to Belmont Shore, the beach, bike path, and park, all set within a picturesque neighborhood of luxurious, multi-million-dollar homes. This charming bungalow has been extensively upgraded, featuring a high-efficiency air conditioning and heating system, a recently installed roof, bamboo wood flooring, and a remodeled chef’s kitchen with stainless steel appliances. The dual-pane windows flood the space with natural light, complemented by plantation shutters. Additional upgrades include a tankless water heater, a new electrical panel, and stylish, bright bathrooms. The cozy outdoor space is perfect for morning coffee or entertaining guests, complete with an outdoor spa. The beautifully finished garage boasts drywall, interlocking floor tiles, Closet World cabinets, a new garage door, and a car charging station. The attic has been outfitted with flooring for additional storage. Located within the top-rated school district, including CSULB, Wilson High and Rogers, this is a rare opportunity to own a home in an ideal setting!
| |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017