801 29th 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%.
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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 |
|---|---|---|---|
| Oct 28, 2025 | In contract | - | |
| In contract | |||
| Sep 26, 2025 | Listed by Berkshire Hathaway Home Services, Rocky Mountain Realtors | $900,000 | |
| Listed by Berkshire Hathaway Home Services, Rocky Mountain Realtors | |||
| Dec 15, 2023 | Sold | ||
| Sold | |||
| Jun 12, 2023 | Listed by Kentwood Real Estate City Properties | $1,400,000 | |
| Listed by Kentwood Real Estate City Properties | |||
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Unique opportunity to restore three grand historic homes. 801 29th street has been in the same family since the 1940's and features three separate residences on a 6250sqft corner lot in the Curtis Park Landmark District. The main house is approximately 3000sqft with the basement and the corner building is a beautiful brick Victorian duplex with two 1500sqft homes. The homes currently are owned in a family Trust as one legal property. The new owner could keep them as one income producing property or sell them off separately. Restored value off the homes comps out 800K to 900K for the duplex units and $1,000,000 or more for the single family home. The homes need full renovations / restorations. They are in the landmark district and can not be torn down.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017