75 Wagg Avenue
About This Property
Step into a gracious entry foyer with a coat closet and gorgeous hardwood floors with inlay detail throughout the first level. The living room is a true showstopper, with a vaulted ceiling and a stone-mantle wood-burning fireplace creating a warm, inviting centerpiece. A few steps up, the formal dining room offers generous proportions and a charming door out to the front porch - perfect for entertaining or quiet morning coffee.
The fully renovated bathroom features a walk-in shower, built-in cabinetry, and Silestone counters. The first-floor primary bedroom is a comfortable size with a large closet outfitted with an organizational system, while the second bedroom offers flexibility as a home office or den. The eat-in kitchen is bright, clean, and move-in ready with white cabinetry, new stainless appliances, tile flooring, and laminate counters.
Upstairs, you'll find one expansive bedroom with a closet, a built-in dresser, and access to attic storage. The finished basement (permitted, with outside entrance) adds valuable living space, including a full bathroom with a walk-in shower, laundry, and additional storage.
Comfort is covered year-round with central air conditioning, a ductless AC/heat system in the basement, a 2019 gas boiler, 150-amp electrical service, and an in-ground sprinkler system to keep the pretty yard looking its best. A detached one-car garage completes the package. Major updates including the roof, driveway, and walkway offering peace of mind for years to come.
Convenient to the LIRR, shopping, dining, and everything Malverne has to offer. This is a special home that blends timeless character with thoughtful, well-documented improvements - don't miss it.
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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%.
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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.
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 |
|---|---|---|---|
| Sep 22, 2026 | Sold | ||
| Sold | |||
| Jul 29, 2026 | In contract | - | |
| In contract | |||
| Jun 29, 2026 | Listed by Daniel Gale Sothebys Intl Rlty | $775,000 | |
| Listed by Daniel Gale Sothebys Intl Rlty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017