9704 24TH AVENUE
About This Property
There are 3 bedrooms on the upper level and two more bedrooms on the fully finished lower level. The lower level also has a fireplace and a kitchenette - ideal for guests, a home office, or multigenerational living.
Outside, a large backyard with a patio and mature landscaping offers space for entertaining or relaxing.
Conveniently located near shops, parks, and transit, this move-in ready home offers flexible living and thoughtful updates throughout.
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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 |
|---|---|---|---|
| Dec 2, 2025 | Sold | ||
| Sold | |||
| Nov 19, 2025 | In contract | - | |
| In contract | |||
| Nov 7, 2025 | Price Increased |
$550,000
↑ $20K
(3.8%) | |
| Price Increased | |||
| Sep 30, 2025 | In contract | - | |
| In contract | |||
| Sep 26, 2025 | Listed by RLAH @properties | $530,000 | |
| Listed by RLAH @properties | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017