51
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1625 Commonwealth Boulevard
About This Property
The upper level offers three generously sized bedrooms and a full bath, while the lower level provides exceptional flexibility with two additional bedrooms, one featuring two closets, a full bath, and a bonus room with Pergo flooring--ideal for a home office, playroom, gym, or media room. Step outside to enjoy the newer paver patio with a pergola overlooking the nearly fully fenced backyard--perfect for entertaining, relaxing, or outdoor activities.
Conveniently located close to shopping, restaurants, parks, schools, and the Jersey Shore, this home offers the perfect combination of space, comfort, and convenience.
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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 29, 2026 | Listed by Keller Williams Shore Properties | $599,900 | |
| Listed by Keller Williams Shore Properties | |||
| Dec 7, 2015 | Sold | ||
| Sold | |||
| Jul 4, 2015 | Listed by RE/MAX Real Estate Limited - Brick | $286,900 | |
| Listed by RE/MAX Real Estate Limited - Brick | |||
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Welcome to this lovely home located on an oversized lot in Pine Lake Park. This property has great curb appeal with lush green grass and well manicured landscaping. Inside this bi-level you will find 4 bedrooms and 2 full bathrooms. Lovely kitchen flows nicely into the Dining room and living room. While on the lower level you have great room, perfect for entertaining for the big game! Home offers access to the 2 car garage from both levels of the house! In the back yard you will find a peaceful deck with above ground pool.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017