1617 Avenue J
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 |
|---|---|---|---|
| Mar 6, 2026 | Sold | ||
| Sold | |||
| Jan 17, 2026 | In contract | - | |
| In contract | |||
| Oct 2, 2025 | Price Decreased |
$229,500
↓ $12K
(5.1%) | |
| Price Decreased | |||
| Aug 20, 2025 | Price Decreased |
$241,900
↓ $15K
(5.9%) | |
| Price Decreased | |||
| Jul 30, 2025 | Listed by eXp Realty, LLC | $257,000 | |
| Listed by eXp Realty, LLC | |||
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The house and location you’ve been looking for in San Leon! This charming 1-bed, 1-bath coastal cottage sits on a spacious corner spanning 4 lots (13,400 sq. ft.), offering stunning sunset views over the bay. It features an open layout with fresh paint, new trim on ceiling, new vinyl plank flooring and brand new corian counter tops. It has dual mini splits for cooling and heating. New roof in 2021. Relax on the upper deck, the fenced in area downstairs or on the deck in the side yard. Fenced area includes a horseshoe pit and 10x15 metal shed with electricity. Has 2 car garage and plenty of parking for several vehicles, boat or RV. Refrigerator, washer and dryer included. Walk down to the end of the street to fish in the bay. Minutes from Gilhooley's, Top Water Grill, Pier 6 Seafood and Noah's Ark. 10 minutes from the Kemah Boardwalk. Enjoy peace and privacy in a quiet neighborhood. Perfect for anyone looking for a unique little home or investment opportunity.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017