36
Map
51 Simpson Avenue
About This Property
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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 |
|---|---|---|---|
| Jun 12, 2026 | Price Decreased |
$184,900
↓ $373K
(66.8%) | |
| Price Decreased | |||
| Mar 5, 2025 | Sold | ||
| Sold | |||
| Feb 7, 2025 | In contract | - | |
| In contract | |||
| Jan 30, 2025 | Listed by Derek Greene | $498,000 | |
| Listed by Derek Greene | |||
| | |||
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FULLY RENOVATED 3 BED 2.5 BATH HOME This home has undergone a full gut renovation, with everything new from top to bottom-including siding, roofing, windows, and modern finishes throughout. The open-concept layout features a brand-new kitchen with sleek cabinetry, granite countertops, and all-new stainless steel appliances. The primary suite boasts a stylish en-suite bath with Kohler fixtures, while two additional bedrooms and a second full bath provide comfortable living space. A fully finished basement with high ceilings adds extra versatility, perfect for a media room, office, or guest space. Step outside to enjoy a new deck and patio, designed for relaxation and entertaining. Behind the walls, all-new electrical, plumbing, insulation, and HVAC systems ensure modern efficiency and long-term peace of mind. Situated in a prime location, this home is moments from Doolittle Park, the YMCA, and just minutes from the town center's restaurants, shops, and conveniences. With quick access to major highways and railways, commuting is effortless. Don't miss this incredible opportunity-schedule your showing today!
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| Mar 18, 2024 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017