18 Cyrus Avenue
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 |
|---|---|---|---|
| Dec 2, 2025 | Sold | ||
| Sold | |||
| Sep 30, 2025 | In contract | - | |
| In contract | |||
| Sep 23, 2025 | Listed by RE/MAX Edge | $950,000 | |
| Listed by RE/MAX Edge | |||
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Welcome to this brand-new, fully renovated single-family detached home in the heart of Gerritsen Beach. Offering approximately 2,625 sq. ft. of living space, this residence has been completely updated with a new roof, exterior, sidewalk, plumbing, electrical, HVAC, hot water system, windows, kitchen, bathrooms, and flooring. Split A/C units are installed throughout for year-round comfort. The main level features a bright living room with ample natural light and storage, a modern kitchen with premium appliances, a dining area, and a full bathroom. Exit out the back to a deck for outdoor relaxation. Upper level, there are 3 generously sized bedrooms with large closets, including an en-suite bedroom with its own private bath, plus an additional full bath and laundry area for added convenience. The finished attic provides a versatile bonus space and access to a private terrace with open views. The fully finished basement includes a separate entrance, high ceilings, a full bath, and potential for a 2-bedroom layout. Additional highlights include a private driveway with parking for multiple vehicles. Located near local shops, schools, parks, and recreational amenities. Public transportation options include the B31 bus to the B/Q subway and the BM4 express bus to Manhattan. The home is also within a short distance of the beach. Move right in and enjoy all that Gerritsen Beach has to offer!
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| Dec 3, 2024 | Sold | ||
| Sold | |||
| Oct 15, 2024 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017