23
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123 Cowan Road
About This Property
The primary suite offers a beautifully updated bathroom with dual vanities and a tiled walk-in shower. Enjoy the convenience of a fenced backyard, level front and rear yards, attached carport, detached covered parking, and ample space for vehicles, equipment, recreational storage or outdoor entertainment. The screened porch offers a versatile space to relax, entertain, or enjoy the outdoors year-round. This property combines modern living with the privacy, space, and flexibility of an over 1-acre lot. This home has been thoughtfully renovated and is ready for its new owner.
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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 |
|---|---|---|---|
| Aug 26, 2026 | Price Decreased |
$314,900
↓ $10K
(3.1%) | |
| Price Decreased | |||
| Jun 15, 2026 | Listed by Rudhil Companies, LLC | $324,999 | |
| Listed by Rudhil Companies, LLC | |||
| Apr 6, 2026 | Sold | ||
| Sold | |||
| Mar 19, 2026 | In contract | - | |
| In contract | |||
| Mar 16, 2026 | Relisted | $225,000 | |
| Relisted | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017