5449 1ST Street
About This Property
Welcome to this beautifully renovated home, thoughtfully updated with a host of modern amenities. Fresh interior and exterior paint provides a crisp, clean canvas, complemented by a neutral color paint scheme that's perfect for any decor style. The remodeled kitchen boasts stone counter tops, an accent backsplash and all-new stainless steel appliances, offering a sleek, contemporary feel. New flooring throughout the home enhances its fresh, updated look. Step outside to enjoy a private patio and a fenced-in backyard, perfect for outdoor relaxation. The new HVAC system ensures year-round comfort. Discover the perfect blend of comfort and style in this move-in ready property.
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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 |
|---|---|---|---|
| Apr 3, 2026 | Sold | ||
| Sold | |||
| Jan 29, 2026 | In contract | - | |
| In contract | |||
| Jan 22, 2026 | Price Decreased |
$425,000
↓ $8K
(1.9%) | |
| Price Decreased | |||
| Jan 9, 2026 | Price Decreased |
$433,000
↓ $7K
(1.6%) | |
| Price Decreased | |||
| Nov 26, 2025 | Relisted | $440,000 | |
| Relisted | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017