121 Central Avenue
About This Property
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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 |
|---|---|---|---|
| Nov 1, 2024 | Sold | ||
| Sold | |||
| Aug 17, 2024 | In contract | - | |
| In contract | |||
| Jul 25, 2024 | Listed by EXP Realty | $679,000 | |
| Listed by EXP Realty | |||
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Don't let the low profile facade fool you - this is a LARGE home that looks deceivingly small from the front! Featuring a separately-metered accessory apartment on the second floor that can be transferred with the proper paperwork, this house offers the potential for rental income or extra room to spread out. Main living area features: an eat-in-kitchen; spacious, bright living room; private driveway with attached garage for plenty of off-street parking; and a spacious, private yard with a patio and a great set up for entertaining. Located on a quiet block but just a short trip to the restaurants and shopping on Route 231, plus the Tanger Outlets, all schools, public transportation and major parkways!
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Property Highlights
Building Info
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Price/ft²
Listed On
Sold On
About Deer Park
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$4,500 /mo
- 3 Beds
- 1 Bath
- 1,600 ft²
$2,200 /mo
- Studio
- 1 Bath
- 864 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017