123 MITCHELL AVENUE
About This Property
The first floor showcases a bright and inviting living room with a beautiful front bay window, allowing natural light to fill the space. The full-size eat-in kitchen features classic Formica-style cabinetry and comes fully equipped with a refrigerator, dishwasher, and range.
The home includes a full unfinished basement, offering excellent potential to create additional living space, recreation area, or home office. The laundry area is conveniently located in the basement and includes a washer and dryer. Outside, enjoy the fully fenced yard, perfect for entertaining, pets, or play. The property offers maintenance-free living and attractive curb appeal that makes a wonderful first impression. Located in the highly desirable Runnemede area, the home is conveniently close to major highways, shopping malls, and public transportation, making commuting simple and accessible. Lovingly cared for by the same owner for over 40 years, this home offers warmth and charm that makes it easy to see why someone would never want to leave. It is an ideal opportunity for first-time home buyers, downsizers, or anyone looking for a wonderful place to grow and create lasting memories.
This is another fine home that will not last long - schedule your showing today!
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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 |
|---|---|---|---|
| May 15, 2026 | Sold | ||
| Sold | |||
| Apr 15, 2026 | In contract | - | |
| In contract | |||
| Mar 29, 2026 | Listed by Family Five Homes | $299,900 | |
| Listed by Family Five Homes | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017