761 Upton Drive
About This Property
Ready for an Excellent Investment Opportunity to add to your portfolio?!!! Located on a corner lot with room for future expansion. Each of the 4 units are thoughtfully designed with 2 bedrooms, 1 bathroom, a spacious living room, plenty of extra closet spaces, and a functional kitchen. making them highly attractive to long term tenants.
This property also features individual parking spaces for each unit, ensuring convince and accessibility. A potential community laundry room provides added value and income potential. With this prime corner location, the lot offers extra space to add additional units or enhance amenities, creating even greater upside for investors.
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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 |
|---|---|---|---|
| Jun 9, 2026 | Sold | ||
| Sold | |||
| Jan 3, 2026 | In contract | - | |
| In contract | |||
| Dec 16, 2025 | Price Decreased |
$580,000
↓ $30K
(4.9%) | |
| Price Decreased | |||
| Oct 1, 2025 | Listed by CENTURY 21 LEADERS REAL ESTATE | $610,000 | |
| Listed by CENTURY 21 LEADERS REAL ESTATE | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
10/01/2025
| |
Studio
|
-
|
-
|
$610,000
Studio
-
|
$580,000
-4.92%
06/09/2026
|
Genevieve Eddy
Excellence Real Estate HD
|
|
08/27/2024
| |
Studio
|
-
|
-
|
$550,000
Studio
-
|
$530,000
-3.64%
12/02/2024
|
NADINE MUMFORD
OASIS REALTY GROUP, INC
|
|
02/28/2019
|
8 Bed
|
4 Bath
|
3146 ft²
|
$199,000
8 Bed
4 Bath
3146 ft²
|
-
-
|
-
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017