769 Olive St
About This Property
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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%.
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 |
|---|---|---|---|
| Sep 2, 2025 | Sold | ||
| Sold | |||
| Aug 7, 2025 | In contract | - | |
| In contract | |||
| Jul 31, 2025 | Listed by 8z Real Estate | $725,000 | |
| Listed by 8z Real Estate | |||
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Solid Bones, Endless Potential - A Rare Opportunity Awaits. Investors! This is the kind of home that doesn't come around often-a well-built classic with strong bones, timeless character, and the chance to make it truly your own. Set in a quiet, established neighborhood, this 4-bedroom, 3-bath property offers a spacious layout, original hardwood floors, and a sense of warmth that only comes from a home with history. While the interior is ready for updates, key improvements have already been made. A new boiler ensures reliable heating, and newer windows provide improved energy efficiency and comfort throughout the seasons. The brick exterior adds to the home's charm and offers the benefit of low-maintenance living-a lasting, durable feature that stands the test of time. The layout includes a generous living room, a formal dining area, and a large kitchen with space to reimagine. Bedrooms are well-sized, and natural light flows throughout, hinting at the potential for a bright, modern design. The bathrooms are fully functional but offer a great opportunity for stylish upgrades. Outside, the spacious backyard invites ideas for outdoor entertaining, gardening, or future expansion. Mature trees provide shade and privacy, while the attached garage adds everyday convenience. Located near schools, parks, and shopping, this home is perfectly positioned for both daily life and long-term value. This is more than just a fixer-upper-it's a home with a solid foundation, quality updates where it counts, and the potential to become something truly special.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017