175 83rd AVENUE N
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 |
|---|---|---|---|
| Jun 26, 2025 | Price Decreased |
$200,000
↓ $20K
(9.1%) | |
| Price Decreased | |||
| Jun 11, 2025 | Price Decreased |
$220,000
↓ $30K
(12%) | |
| Price Decreased | |||
| May 20, 2025 | Price Decreased |
$250,000
↓ $40K
(13.8%) | |
| Price Decreased | |||
| Jan 7, 2025 | Listed | $290,000 | |
| Listed | |||
| | |||
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Home survived Helene with less than 1ft of water intrusion that mainly affected the flooring and lower portion of walls. Electrical boxes all upgraded. 2021 home had new roof and solar, new hot water heater and AC, and new advanced water filtration system. More recently new all new Pella windows with a lifetime warranty and new front door. Home has been treated for termites in the past but some prior damage isolated to the front room under front window that was uncovered when remediating. Although a little broken, this home has all the fixings to make it a wonderful new home or income property.
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| Oct 4, 2023 | Sold | ||
| Sold | |||
Property Highlights
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017