8925 Stamps
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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 |
|---|---|---|---|
| Nov 25, 2025 | Sold | ||
| Sold | |||
| Oct 31, 2025 | In contract | - | |
| In contract | |||
| Oct 11, 2025 | Listed by Circa Properties, Inc. | $750,000 | |
| Listed by Circa Properties, Inc. | |||
| Aug 22, 2025 | Listed | $795,000 | |
| Listed | |||
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The list price of this charming home doesn’t fully reflect its true value, and here’s why:
• Solid Foundation: Built on a 75-year-old structure with thick, sturdy walls that stand in contrast to the thin, less durable construction of many modern homes.
• New Roof: Brand new roof for peace of mind and long-term protection.
• Heating and Cooling: Three new mini-split HVAC systems—one for each room—allowing for customizable temperatures and greater energy efficiency compared to a traditional central system.
• Gourmet Kitchen: Completely renovated kitchen with:
- Brand new cabinets, including a spacious pantry and convenient pull-out drawer for trash and recycling
- High-end appliances, including a five-burner stove, oven, chimney range hood, and dishwasher
- A sleek new farmhouse sink and luxurious quartz countertops
- A stunning backsplash of large-format porcelain tiles
- New flooring to complete the modern look
• Updated Bathroom: The bathroom has been completely updated with a new vanity, medicine cabinet, lighting, and toilet.
• Interior Renovations: Completely updated with fresh paint, new base molding and trims, and updated bedroom doors.
• Refinished Hardwood Floors: Original, thick hardwood floors throughout the interior that have been beautifully refinished with sanding, staining, and multiple coats of varnish.
• Energy-Efficient Windows: Brand new double-pane, low-E windows in both the front and back for improved insulation.
• Exterior Makeover: The exterior has been revitalized with new paint and a stylish, modern front door.
• Fresh Siding: Newly installed siding on the front of the house for added curb appeal.
• Finished Garage: Features freshly painted walls, a new picture window, a new door leading to the backyard, and a full wall of cabinets for ample storage.
• Spacious Backyard: A large, perfectly rectangular backyard that offers ample space for future expansions, a play area for children, or a BBQ setup. It’s also ideal for building an Accessory Dwelling Unit (ADU), which could provide rental income.
• Prime Location: Situated in a highly sought-after neighborhood with easy access to the 5 and 605 freeways, making commuting to Los Angeles a breeze.
In short, this home combines the timeless strength of a classic structure with the luxury and comfort of a completely modern renovation. It offers the best of both worlds! Come visit, fall in love, and make this your new home.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017