51 Roe
About This Property
The spacious bedrooms and two full bathrooms provide comfortable living, while both front and rear patios create the perfect setting to relax and enjoy the outdoors. A half-dozen fruit trees enhance the property, and the fully fenced backyard offers ample room for pets, gardening, or entertaining on nearly half an acre (.46 acre).
Enjoy the convenience of being within walking distance of The Theatre on the Ridge and The Burnt Barn Distillery, or simply unwind in the beautifully landscaped and private backyard with valley views. The seller will also include the storage shed, providing extra space for gardening tools and supplies.
Don't miss this affordable and adorable home that combines convenience, charm, and room to enjoy the outdoors!
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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 5, 2026 | Price Decreased |
$320,000
↓ $10K
(3%) | |
| Price Decreased | |||
| Sep 21, 2026 | Price Decreased |
$330,000
↓ $10K
(2.9%) | |
| Price Decreased | |||
| Aug 31, 2026 | Listed by American Homes and Land | $340,000 | |
| Listed by American Homes and Land | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017