7678 Newman St
About This Property
The main level boasts a unique accessible suite with vaulted ceilings, giant storage closet, 3/4 bath, wide door and separate entrance, the ideal setup for an extended family suite, mother-in-law quarters, or a private media room. Gather in the sharply remodeled kitchen complete with luxurious quartz countertops, high-end appliances all under 3 years old, and 2 ample storage pantries. Beautiful hardwood flooring extends throughout the main level, complete with a gas stove in the brick alcove adding warmth and elegance to the family room space.
The top floor offers a primary bedroom with its own 3/4 bath and walk-in closet, as well as 3 other bedrooms and a full bath.
Step outside the main level to the stunning outdoor living space which includes a tiered deck with Trex decking and a beautiful stamped concrete patio with a sturdy pergola cover, plenty of space ideal for entertaining or relaxing in your own private oasis! The professionally landscaped yard features ambient lighting, dedicated garden areas, a large open lawn, and a spacious outbuilding which can be used as a workshop, man cave, or she-shed, offering plenty of potential for hobbies or additional storage.
This home is equipped with modern upgrades including a brand new furnace and an evaporative cooling unit for year-round comfort. The unfinished basement with large encapsulated crawl space is a blank canvas ready for your personal touch, whether you envision a home theater, gym, or additional living space.
This home has been thoughtfully cared for and is ready for you to move in and make it your own.
Agent is related to Seller.
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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 17, 2025 | Sold | ||
| Sold | |||
| May 3, 2025 | In contract | - | |
| In contract | |||
| Apr 9, 2025 | Price Decreased |
$849,000
↓ $20K
(2.3%) | |
| Price Decreased | |||
| Apr 5, 2025 | Price Decreased |
$869,000
↓ $26K
(2.9%) | |
| Price Decreased | |||
| Mar 25, 2025 | Listed by Raelynn Properties, LLC | $895,000 | |
| Listed by Raelynn Properties, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017