855 Sunset Avenue
About This Property
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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.
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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 |
|---|---|---|---|
| Dec 30, 2025 | Sold | ||
| Sold | |||
| Dec 13, 2025 | In contract | - | |
| In contract | |||
| Nov 11, 2025 | Listed by Compass | $1,995,000 | |
| Listed by Compass | |||
| Oct 23, 2025 | Listed | $2,195,000 | |
| Listed | |||
| | |||
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Set on a rare double lot, this character-filled property blends vintage charm with thoughtful modern updates. The home features 3,219 SF of living space on a 7,261 SF lot with 5 bedrooms and 3 bathrooms, including a guest unit with its own laundry setup. Inside, the house is cleverly divided, with a second kitchen, full bedroom, and bathroom tucked away from the primary living area. This well-crafted layout is ideal for multi-generational living, a rental opportunity, or a separate workspace. The main living area is warm and welcoming, anchored by a cozy fireplace and exposed wood beam. Sunlight pours through oversized windows, illuminating the stainless steel appliances and generous counter space in the kitchen. Upstairs, the primary suite is a peaceful escape with a double vanity, soaking tub, separate shower, and striking iridescent tile. The other bedrooms are bright and well-proportioned, with high ceilings and ample space to adapt to various needs. The backyard is private and intentionally landscaped, surrounded by mature trees and vibrant plantings, creating a tranquil setting for gathering or quiet relaxation. With its rare lot size, flexible layout, and detached guest unit, the property offers space, privacy, and the potential for future expansion or redevelopment in a prime location. Situated in the heart of Venice, this home is just moments from its iconic shops, cafes, and coastal lifestyle.
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| Sep 10, 2025 | Price Decreased |
$2,295,000
↓ $100K
(4.2%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017