1723 Rose Pass
About This Property
Since November 2021, the interior has been freshly painted and staircase carpeting replaced, along with a brand-new deck-perfect for relaxing outdoors or hosting friends under the stars. In 2022, both toilets were replaced and the shower/tub was fully remodeled, followed by a stylish bathroom flooring update in 2024. The kitchen is equipped with essential appliances-dishwasher, microwave, electric range, and refrigerator-making move-in easy. A gas-log fireplace adds warmth and ambiance to the open-concept living area, and a hot tub on the deck provides a peaceful retreat surrounded by trees.
Additional features include a paved driveway, heat-pump HVAC system, private well and septic utilities, and a durable metal roof
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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 |
|---|---|---|---|
| Nov 4, 2025 | Sold | ||
| Sold | |||
| Sep 17, 2025 | In contract | - | |
| In contract | |||
| Jun 30, 2025 | Listed by eXp Realty | $409,000 | |
| Listed by eXp Realty | |||
| Nov 1, 2021 | Sold | ||
| Sold | |||
| May 31, 2021 | Listed by All Star Realty | $449,900 | |
| Listed by All Star Realty | |||
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1 bed/ 1 1/2 bath log home with a beautiful wooded setting. Whirlpool tub and large bedroom. Hot tub on the deck. Gas log fireplace. Paved driveway. All measurements are approximate and pictures were provided by the seller. The buyer should verify all information. Propane tank is leased. Linens that belong to the cleaning company do not convey. Cable boxes do not convey. Seller says cabin is on the way to doing over $40,000 in gross rentals this year.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017