198 Washington 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 |
|---|---|---|---|
| Oct 29, 2025 | Sold | ||
| Sold | |||
| Sep 8, 2025 | In contract | - | |
| In contract | |||
| Jul 24, 2025 | Price Decreased |
$499,900
↓ $15K
(2.9%) | |
| Price Decreased | |||
| Jun 25, 2025 | Listed by RE/MAX Classic Realty | $515,000 | |
| Listed by RE/MAX Classic Realty | |||
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Delightful 4-bedroom, 2-bathroom Cape Cod-style home nestled in the vibrant and sought after community of Beacon, NY. This home offers the perfect blend of timeless character, modern convenience, and an unbeatable location just minutes from Main Street, Memorial Park, and the Metro-North station making it an ideal choice for discerning home buyers seeking comfort, classic charm, and a touch of Hudson Valley. Step inside to a freshly painted home with a warm and inviting living room filled with natural light and gleaming hardwood floors redone in April. The updated eat-in kitchen features plenty of cabinet space, brand-new stainless-steel appliances, and a cozy area for casual dining. Whether you’re preparing a gourmet meal or enjoying a casual breakfast, this kitchen is sure to inspire your inner chef. The main level includes two bedrooms and a full bathroom, with updates that include a new vanity, fixtures and lighting, offering flexibility for guests, home office space, or first-floor living. Upstairs, you'll find two spacious bedrooms with charming dormered ceilings and new flooring and a second full bathroom with brand new fixtures and vanity. Each room is filled with natural light and offers ample closet space. The full basement with upgraded 200 amp electric service provides excellent storage and potential for additional living space. Outside, enjoy a spacious and private backyard ideal for gardening, relaxing, or entertaining. Located just minutes from Beacon’s lively Main Street shops, restaurants, galleries, and the Metro-North train station, this home is a commuter’s dream and a wonderful option for anyone looking to enjoy all that the Hudson Valley has to offer. Nearby parks, hiking trails, and the Hudson River waterfront only add to the appeal. Whether you're commuting to the city or looking to enjoy life in a thriving, artistic community, this home is a rare find that combines comfort, charm, and convenience. Don’t miss your chance to make this Beacon gem your own!
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| Mar 11, 2025 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017