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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 27, 2025 | Sold | ||
| Sold | |||
| Feb 7, 2025 | Listed by Coldwell Banker Realty | $1,198,800 | |
| Listed by Coldwell Banker Realty | |||
| Dec 16, 2024 | Sold | ||
| Sold | |||
| Nov 25, 2024 | In contract | - | |
| In contract | |||
| Nov 21, 2024 | Listed by ReMax Tiffany Real Estate | $895,000 | |
| Listed by ReMax Tiffany Real Estate | |||
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Fantastic purchase opportunity on this single story home 2 br + Den with 2 car garage located in the popular "Irvine Groves".
Built in 1976 with well planned and open floor plan. Fresh interior two tone paint! Cul-De-Sac location, front entry courtyard, composition roof, laminate floors throughout the living area, spacious and open living room with fireplace and vaulted ceilings, dining area with sliding glass doors to back patio, bright kitchen, Spacious primary bedroom with vaulted ceilings and mirrored closet doors, primary bathroom, den can be office or guest room, 2 car detached garage with laundry area. Location convenient to schools, shopping and freeways. Community is close to Irvine High, Heritage Plaza, Diamond Jamboree, The District and the Irvine Spectrum. Don't miss out!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017