1
Map
911 Homestead Road
About This Property
The well-designed floor plan includes a bedroom and full bath on the first floor, while the upgraded bathrooms showcase custom tile showers and contemporary finishes. Spacious living and dining areas provide flexibility for both everyday living and entertaining.
The primary suite offers a private balcony with direct access to the backyard, adding a distinctive touch to the home. Outside, the large covered patio extends the living space and creates an inviting setting for outdoor gatherings.
Located close to shopping, restaurants, schools, and local amenities, this property also benefits from a low tax rate and no HOA. An added bonus is the existing solar panel system with an attractive low-cost lease, helping provide energy savings and lower monthly electricity expenses. The solar lease is to be assumed by the buyer, offering the opportunity to continue enjoying the benefits of affordable energy from day one.
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| Aug 26, 2026 | Sold | ||
| Sold | |||
| Jul 18, 2026 | In contract | - | |
| In contract | |||
| Jul 4, 2026 | Price Decreased |
$799,900
↓ $50K
(5.9%) | |
| Price Decreased | |||
| Jun 19, 2026 | Price Decreased |
$850,000
↓ $15K
(1.7%) | |
| Price Decreased | |||
| Jun 13, 2026 | Price Decreased |
$865,000
↓ $10K
(1.1%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017