816 W Ayers Avenue
About This Property
A bright sunroom adds valuable extra living space and is the perfect spot to enjoy your morning coffee, create a home office, hobby room, or simply relax while overlooking the backyard. Outside, you'll find several outbuildings that provide excellent storage, workshop space, or room for projects. A private well is available for outdoor watering, helping maintain the landscape while reducing water costs.
With ample yard space, practical improvements, and endless possibilities, this property is ideal as a primary residence, or rental investment. Whether you're a first-time buyer investor, or someone looking for an affordable property with room to make it your own, this is an opportunity you won't want to miss.
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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 18, 2026 | Sold | ||
| Sold | |||
| Jul 30, 2026 | In contract | - | |
| In contract | |||
| Jul 2, 2026 | Listed by Ebby Halliday Realtors | $110,000 | |
| Listed by Ebby Halliday Realtors | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017