175 Avenida Descanso #205
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 |
|---|---|---|---|
| Jan 15, 2026 | Sold | ||
| Sold | |||
| Dec 15, 2025 | In contract | - | |
| In contract | |||
| Dec 10, 2025 | Listed by LPT Realty,Inc | $335,000 | |
| Listed by LPT Realty,Inc | |||
| Sep 12, 2012 | Sold | ||
| Sold | |||
| Aug 8, 2012 | Listed by Basic Brokerage Solutions | $89,900 | |
| Listed by Basic Brokerage Solutions | |||
| | |||
|
Beautiful REO opportunity in a great complex. New carpet neutral paint, well maintained and updated upper level unit. All offers should include the following CAR forms: RPA, BIA, REO, AD as well and copy of the EMD check, pre-quall letter and/ or proof of funds.
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
12/10/2025
|
1 Bed
|
1 Bath
|
593 ft²
|
$335,000
1 Bed
1 Bath
593 ft²
|
$325,000
-2.99%
01/15/2026
|
Sandro Natale
Big Block Realty, Inc.
| |
|
08/27/2025
|
2 Bed
|
1 Bath
|
741 ft²
|
$400,000
2 Bed
1 Bath
741 ft²
|
$355,000
-11.25%
10/23/2025
|
Dana Horne
Dana Horne Realty
| |
|
07/27/2020
|
2 Bed
|
1 Bath
|
741 ft²
|
$287,200
2 Bed
1 Bath
741 ft²
|
-
-
|
-
| |
|
08/08/2012
|
1 Bed
|
1 Bath
|
593 ft²
|
$89,900
1 Bed
1 Bath
593 ft²
|
$89,900
09/12/2012
|
Costin Ene
Basic Brokerage Solutions
|
Building Info
- 1 Unit for Sale
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017