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6516 Vanderbilt Avenue
About This Property
Extensive recent updates include freshly painted interiors and exterior, all new LED lighting and ceiling fans, new carpet, blown-in attic insulation, and a secondary bathroom has been fully remodeled to the studs with new tile, flooring, fixtures, and designer finishes. Additional features include an oversized garage, tile roof, and walking distance to Lakewood Elementary School.
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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%.
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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.
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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 22, 2026 | Sold | ||
| Sold | |||
| May 20, 2026 | In contract | - | |
| In contract | |||
| May 5, 2026 | Listed by Compass RE Texas, LLC. | $1,750,000 | |
| Listed by Compass RE Texas, LLC. | |||
| Jun 9, 2023 | Sold | ||
| Sold | |||
| Mar 17, 2023 | Listed by Compass RE Texas, LLC | $1,499,000 | |
| Listed by Compass RE Texas, LLC | |||
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Lakewood 4 bedroom, 4.1 bath w playroom,media room,study&turfed yard.Hardwds,open flr plan w formal living&dng.Downstairs guest rm w full bath,sep. study w BI’s,powder rm,&expansive kitchen that opens to family room.Both living areas have FP,& the kitchen has an oversized island,loads of cabinets,SS apps&eating area,all w views of the cov. patio&yard.The 2nd floor feat. a lg master w WI closet& private bath w 2 vanities&separate shower.The 2 secondary bedrooms both have lg closets&en suite bathrooms.The 2nd flr also has a media rm w projector&screen that will stay w prop&a large,open 3rd living,perfect for family fun.Other feat:oversized garage,tile roof,turfed yard&just a walk to Lakewood's elementary school.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017