18 Avalon Road
About This Property
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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%.
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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 18, 2024 | Sold | ||
| Sold | |||
| May 3, 2024 | In contract | - | |
| In contract | |||
| Mar 21, 2024 | Listed by Douglas Elliman Real Estate | $899,000 | |
| Listed by Douglas Elliman Real Estate | |||
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Experience the beauty and charm of this immaculate Hewlett home! This house was completely renovated down to the studs in 2004 and maintained meticulously since then. As you enter the home, you will instantly notice its pristine condition, starting with the impeccable hardwood floors which run throughout the house. The expansive first floor boasts a large dining room, living room, kitchen, bedroom, half bath, and additional family room. The second floor contains the remaining four bedrooms and two bathrooms, including a spacious primary bedroom with ensuite bathroom for ultimate convenience. All bathrooms in the home contain radiant heated floors, adding a touch of warmth and comfort to your daily routine. The house has a massive attic with vaulted ceilings. There is also a finished basement for additional living space, along with dedicated rooms for laundry and utilities. The laundry room comes equipped with a slop sink. Throughout the home, thoughtful touches like custom cabinetry, closet built-ins, granite countertops, and high-quality Pella windows enhance both style and functionality. For added peace of mind, the property comes equipped with a hard-wired alarm system. Outside, the beautifully landscaped garden blooms to life in spring, creating a serene oasis for relaxation and enjoyment. The property also comes with a sprinkler system, making lawn care a breeze. 18 Avalon Rd is located in school district 14 and is less than a half mile to Grant Park, Hewlett Elementary School, and the many great shops and restaurants on Broadway. Schedule a private tour today and discover the beauty that is 18 Avalon Rd!
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About Five Towns
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Currently no similar homes aroundNearby Rentals
$7,500 /mo
- 5 Beds
- 3 Baths
- 2,206 ft²
$2,695 /mo
- Studio
- 1 Bath
- 471 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017