711 Race St
About This Property
This fully renovated single-family residential property features a seamless blend of elegance with modern design across each of its three stories. Find original architectural features including original windows integrated with cutting edge technology. Enjoy custom kitchens and bathrooms crafted with both functionality and style in mind. Spacious rooms boast high ceilings, wood floors, and abundant natural light. A fully renovated basement is a welcome addition to this three-story haven, including a recreation room, ensuite bath, and ample storage space.
Outside the home, find beautifully manicured landscaping, brick patios, a stunning private yard, and an expansive front porch that elevates the architectural beauty of the home. Don't miss the opportunity to establish your dream home in this exclusive neighborhood!
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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 |
|---|---|---|---|
| Jan 16, 2026 | In contract | - | |
| In contract | |||
| Dec 18, 2025 | Price Decreased |
$2,499,000
↓ $76K
(3%) | |
| Price Decreased | |||
| Nov 1, 2025 | Price Decreased |
$2,575,000
↓ $75K
(2.8%) | |
| Price Decreased | |||
| Sep 20, 2025 | Relisted | $2,650,000 | |
| Relisted | |||
| Mar 24, 2025 | Listed by LIV Sotheby's International Realty | $2,650,000 | |
| Listed by LIV Sotheby's International Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017