23
Map
1502 Avenue M
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 |
|---|---|---|---|
| Jul 2, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Jun 17, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Jun 16, 2026 | Listed by Nextgen Real Estate Properties | $309,000 | |
| Listed by Nextgen Real Estate Properties | |||
| Apr 23, 2026 | Price Decreased |
$349,000
↓ $50K
(12.5%) | |
| Price Decreased | |||
| Mar 7, 2026 | Listed by White House Global Properties | $399,000 | |
| Listed by White House Global Properties | |||
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Enjoy coastal living just moments from the seawall in this charming raised cottage built in 2016. Relax on the covered front porch while enjoying refreshing ocean breezes before stepping into a bright open-concept interior filled with natural light and high ceilings. Elegant finishes including plantation shutters, crown molding, and luxury vinyl flooring add warmth and character throughout. The home features two spacious bedrooms, two full baths, generous storage, and a full-size laundry area. The kitchen offers a farmhouse sink, durable countertops, and opens seamlessly to the living space. Outside, enjoy a covered patio and fully fenced yard with picket and privacy fencing. A gated driveway leads to an expansive paved parking area with space for larger vehicles, an RV, or boat. Ideally located near the beach, dining, and just minutes from The Strand.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017