65
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97 Newman Road
About This Property
Inside, you'll find generously sized bedrooms, beautiful original wood floors, and plenty of character throughout. A convenient 2-car attached garage provides everyday functionality, while the usable basement adds valuable additional space. The basement features a large flex room with full-size windows, offering excellent potential for a home office, recreation room, guest area, gym, studio, or hobby space.
The updated mechanical systems have been exceptionally well maintained, offering added comfort and peace of mind for the next owner.
Outside, the expansive setting provides endless possibilities for recreation, gardening, entertaining, pets, or simply relaxing. Whether you're looking for room to spread out, space to enjoy the outdoors, or a private retreat from the everyday, this property delivers.
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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 23, 2026 | Sold | ||
| Sold | |||
| Aug 23, 2026 | In contract | - | |
| In contract | |||
| Aug 20, 2026 | Listed by Whipple City Realty Group Inc | $299,000 | |
| Listed by Whipple City Realty Group Inc | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017