1225 THIRD COURT
About This Property
a chef's kitchen with 36" espresso cabinets, offers plenty of storage with style. Samsung stainless steel appliances provide durability with modern convenience with a walk-in pantry and spacious counter-height island makes for a great area for meal prep and organizing a breeze. Flooring & Design includes Luxury wood vinyl plank flooring in the living areas, laundry room and bathrooms for both elegance and durability. Stain-resistant carpet in the bedrooms for added comfort and practicality. The Owner's Suite is a true retreat with a walk-in wardrobe and a private en-suite bath with the bathroom including dual vanity sinks, a large tiled shower, and a closeted toilet for added privacy and convenience. Additional Features include: A covered lanai for outdoor relaxation and a fenced-in yard, a 2-car garage for parking with extra storage. Custom-fit window blinds, Architectural shingles on on the roof. Energy-efficient insulation and windows, ensuring comfort year-round and lower utility bills.
This home offers a perfect blend of luxury, comfort, and practicality in an open, spacious design.
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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 |
|---|---|---|---|
| Jul 3, 2025 | Sold | ||
| Sold | |||
| Jun 5, 2025 | In contract | - | |
| In contract | |||
| May 13, 2025 | Price Decreased |
$304,900
↓ $5K
(1.6%) | |
| Price Decreased | |||
| Mar 4, 2025 | Price Decreased |
$309,900
↓ $5K
(1.6%) | |
| Price Decreased | |||
| Feb 24, 2025 | Price Decreased |
$314,900
↓ $5K
(1.6%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017