23
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882 Third Avenue
About This Property
Welcome to this beautifully maintained 5-bedroom, 2-bath home thoughtfully designed for comfortable multi-generational living. Situated on a 60x100 lot, this property offers ample space inside and out, along with a detached 2-car garage and a full finished basement with a separate outside entrance. Step inside to find gleaming hardwood floors throughout and a layout that provides both privacy and versatility. The first floor features a spacious living room, formal dining room, updated eat-in kitchen, full bath, and three generously sized bedrooms. Upstairs, the second floor mirrors the charm and functionality of the first with its own spacious living and dining area, updated eat-in kitchen, modern full bath, and two additional bedrooms-ideal for extended family or guests. The finished basement adds valuable living and recreation space, housing utilities and offering endless possibilities for a home gym, playroom, or entertainment area. The private outside entrance makes this space even more flexible. The long driveway provides ample parking and access to the well manicured yard. Don't miss the opportunity to own this rare find that perfectly balances space, comfort, and functionality!
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Cap Rate Calculator
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 |
|---|---|---|---|
| Oct 30, 2025 | Sold | ||
| Sold | |||
| Aug 14, 2025 | In contract | - | |
| In contract | |||
| Jun 30, 2025 | Listed by Douglas Elliman Real Estate | $899,000 | |
| Listed by Douglas Elliman Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017