524 Avenue Q
About This Property
The desirable split-bedroom floor plan provides exceptional privacy, with a spacious primary suite thoughtfully, separated from the secondary bedrooms, one of which enjoys its own ensuite, offering space for growing families, guests, or a home office. Outside, the amenities continue to impress. The expansive 20' x 40' shop, complete with electricity, RV Hookups, Washer and Dryer Hookups, and a 4th full bathroom offers endless possibilities for hobbies, storage, equipment, or workshop space. Ample parking ensures there's room for trailers, RVs, recreational vehicles, and guests alike. This home has been exceptionally maintained and thoughtfully updated with new exterior paint, a new Class III impact-resistant roof, new seamless gutters and a new 7' x 10' x 6' storm shelter, providing valuable peace of mind and long-term durability.
Whether enjoying the beautiful sunsets, entertaining, or simply appreciating the generous space, this home offers everything you've been searching for. Don't miss the opportunity to make this one-of-a-kind home yours.
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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 |
|---|---|---|---|
| Aug 27, 2026 | Sold | ||
| Sold | |||
| Jul 30, 2026 | In contract | - | |
| In contract | |||
| Jul 29, 2026 | Price Decreased |
$469,900
↓ $10K
(2.1%) | |
| Price Decreased | |||
| Jul 25, 2026 | Price Decreased |
$479,900
↓ $20K
(4%) | |
| Price Decreased | |||
| Jul 22, 2026 | Listed by KW SYNERGY* | $499,900 | |
| Listed by KW SYNERGY* | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017