199 Central Avenue
About This Property
This magnificent home with lovely stone landscaping includes a large entry foyer, fabulous large eat-in kitchen with center island & breakfast nook that opens to a large family room with beautiful gas fireplace & sliders to a deck & yard with a formal dining room, formal living room, powder room & laundry all on first floor. Second floor landing with large sitting area with closet and windows, that can be easily converted to a 5th bedroom. Large master suite with jacuzzi /separate shower. 3 additional bedrooms, and hall bath. Lower level includes a large Family/Playroom and office area with an additional 426 square feet of legally finished space with CO not included in above square feet making the home a total 3135 square feet. New roof in 2022. New boiler in 2019. New hot water heater in 2021. New A/C condenser in 2020.
Basic star reduction of $796.00 not included in above taxes. Please verify all info with municipality. Additional Information: Amenities:Storage,ParkingFeatures:2 Car Attached,
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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 |
|---|---|---|---|
| May 9, 2023 | Sold | ||
| Sold | |||
| Mar 14, 2023 | In contract | - | |
| In contract | |||
| Feb 22, 2023 | Price Decreased |
$1,599,000
↓ $96K
(5.7%) | |
| Price Decreased | |||
| Jan 24, 2023 | Price Decreased |
$1,695,000
↓ $104K
(5.8%) | |
| Price Decreased | |||
| Jan 3, 2023 | Listed by Berkshire Hathaway HS NY Prop | $1,799,000 | |
| Listed by Berkshire Hathaway HS NY Prop | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017