83 Payson Road
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 |
|---|---|---|---|
| Jan 23, 2026 | Sold | ||
| Sold | |||
| Nov 21, 2025 | In contract | - | |
| In contract | |||
| Oct 24, 2025 | Price Decreased |
$1,700,000
↓ $50K
(2.9%) | |
| Price Decreased | |||
| Sep 16, 2025 | Listed by Douglas Elliman Real Estate - The Sarkis Team | $1,750,000 | |
| Listed by Douglas Elliman Real Estate - The Sarkis Team | |||
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Turn Key residence blending classic charm and modern upgrades. Added square footage from a 2021 renovation. Major upgrades include new roof and rebuilt garage (2021) with Tesla charging station, furnace and A/C (2023), and on-demand water heater (2024).Features include a renovated kitchen (2018–2020) with dual-fuel stove, open floor plan, and oak hardwoods throughout. The living room boasts a stone accent wall, gas fireplace, and pre-wired Yamaha home theatre. Upstairs includes an expanded second bedroom and a third bedroom/optional suite (2021) with spa-like en suite. Primary bath (2025) offers heated floors and built-in storage. Finished basement (2024) with new tile, heating, and custom storage. Outside, enjoy a private backyard with mature landscaping, a deck, and a driveway for 3 cars. Furniture is negotiable.
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| Jan 31, 2012 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017