181 Locust Avenue
About This Property
The spacious eat in kitchen features granite countertops, stainless steel appliances, and a tiled backsplash, making it perfect for everyday living and entertaining. Enjoy gatherings in the family room with a cozy fireplace, while the expansive step up dining room with a wet bar adds a unique touch for hosting guests. Finishing the main floor is the office and ground floor primary suite offering a spacious ensuite bath and WIC.
Additional highlights include a partial basement, detached 2-car garage, and vinyl privacy fencing. Step outside to your own backyard oasis, complete with patios and a tranquil fishpond. Pride of ownership shines throughout this exceptional property, offering endless possibilities and potential.
Too much to list don't miss this incredible opportunity!
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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 |
|---|---|---|---|
| Jul 27, 2026 | Sold | ||
| Sold | |||
| Jun 30, 2026 | In contract | - | |
| In contract | |||
| Jun 9, 2026 | Listed by RE/MAX On the Move Realty | $685,000 | |
| Listed by RE/MAX On the Move Realty | |||
| Feb 24, 2021 | Sold | ||
| Sold | |||
| Aug 23, 2020 | Listed by Porter Plus Realty | $310,000 | |
| Listed by Porter Plus Realty | |||
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Welcome to this unique Farm Style Home in desirable Haystack Woods located in Howell Township. This home features 3/4 bedrooms, large eat-in kitchen, den and a master suite, 2.5 baths, Original wood floors and unfinished basement. With some imagination, you can bring this home back to life. Welcome all Handyman Investors, and/or Builders. Don't miss out on seeing the potential this development offers!!!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017