6955 S Ulster Cir
About This Property
Lovingly maintained by one family for 54 years, this home has solid bones and tremendous potential. Some finishes still reflect their 1970s origins - including wallpaper that's been around longer than most mortgages - offering the perfect starting point for your renovation vision. Major systems have been addressed, including a newer sewer line and a new hot water heater installed in 2025. A built-in safe adds vintage character, and two outbuildings-a garden shed and a wired workshop/studio-provide extra functionality and storage. There is also space along the side of the home for RV or camper parking, offering even more flexibility for storage or recreational use.
Enjoy convenient access to nearby parks, trails, restaurants, shopping, and employment centers. This fixer upper is ready for a new owner to update and personalize-ideal for investors, fix-and-flippers, or buyers looking to purchase with built-in equity and renovate over time. Priced accordingly and sold as-is.
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| Nov 6, 2025 | Sold | ||
| Sold | |||
| Oct 16, 2025 | In contract | - | |
| In contract | |||
| Oct 10, 2025 | Listed by eXp Realty, LLC | $550,000 | |
| Listed by eXp Realty, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017