8951 6TH Avenue
About This Property
Fresh, updated, and move-in ready-this 2-bedroom, 1-bath residence offers 1,122 sq ft of functional living space in the established Rio Vista neighborhood. Built in 1950, this frame stucco home has recent improvements, including new interior paint and updated flooring, creating a clean, modern feel throughout. The 2017 roof adds peace of mind, while the efficient layout maximizes space and natural light. Whether you're seeking a primary residence or a solid addition to your portfolio, this vacant, move-in-ready property delivers value and convenience. Centrally located with easy access to local amenities, schools, and major routes, this home presents a great opportunity in a desirable area. Schedule your showing today and explore the potential this property has to offer!
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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 |
|---|---|---|---|
| Mar 25, 2026 | Sold | ||
| Sold | |||
| Feb 24, 2026 | In contract | - | |
| In contract | |||
| Feb 18, 2026 | Price Decreased |
$110,000
↓ $3K
(2.2%) | |
| Price Decreased | |||
| Feb 10, 2026 | Price Decreased |
$112,500
↓ $3K
(2.2%) | |
| Price Decreased | |||
| Feb 3, 2026 | Price Decreased |
$115,000
↓ $3K
(2.1%) | |
| Price Decreased | |||
Property Highlights
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017