59 WISE AVENUE
About This Property
The main level features hardwood floors throughout, a spacious front living room, and a generously sized kitchen with plenty of cabinet storage and room to eat in. Just off the kitchen is a full bathroom, plus a main-level room that works perfectly as a guest room, home office, or flex space.
Upstairs you'll find four bedrooms, all with natural light and hardwoods, along with a second full bath. While a couple bedrooms don't have closets, the footprint is flexible and the space is easy to personalize.
The basement offers a laundry area, utility/storage space. Outside, enjoy a fenced yard with two storage sheds, off-street parking, and room to garden, entertain, or let pets roam.
Updates over the years include a new roof (2021), replacement windows, HVAC (2014), refinished hardwoods, remodeled kitchen and baths, and more. The home is clean and move-in ready, with all major systems in place, just bring your personal touches.
Convenient location near shopping, dining, schools, and commuter routes, plus no HOA.
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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 |
|---|---|---|---|
| Aug 27, 2025 | Sold | ||
| Sold | |||
| Jul 29, 2025 | In contract | - | |
| In contract | |||
| Jul 11, 2025 | Listed by Cummings & Co Realtors | $299,999 | |
| Listed by Cummings & Co Realtors | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017