4758 Boutwell Road
About This Property
Generously sized rooms filled with natural light and a spacious kitchen is ready to be reimagined. The home boasts solid YELLOW HEART PINE construction. The subfloor is tongue and groove yellow heart pine as well - a rare and durable feature that speaks to the quality and longevity of the structure.
With strong bones and untapped potential, this property is ready for someone with vision to restore, renovate or repurpose. Whether you're an investor looking for a project or a buyer dreaming of creating something special, this AS-IS offering presents a unique opportunity. Bring your ideas and make an offer!!
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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 23, 2026 | Price Decreased |
$97,500
↓ $18K
(15.6%) | |
| Price Decreased | |||
| Jul 26, 2026 | Price Decreased |
$115,500
↓ $12K
(9.4%) | |
| Price Decreased | |||
| Mar 4, 2026 | Listed by ERA American Real Estate | $127,500 | |
| Listed by ERA American Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017