2 Butternut
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 |
|---|---|---|---|
| Sep 18, 2025 | Sold | ||
| Sold | |||
| Jul 22, 2025 | Listed by C.G. Shepherd Realty, LLC | $599,000 | |
| Listed by C.G. Shepherd Realty, LLC | |||
| Jul 5, 2022 | Sold | ||
| Sold | |||
| May 31, 2022 | Listed by C.G. Shepherd Realty, LLC | $529,000 | |
| Listed by C.G. Shepherd Realty, LLC | |||
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A must see home located in the sought after community of Eastman. This beautifully updated home features 3 bedrooms and 2.5 baths. Enjoy the open concept dining & living room plus a family room with radiant heating. Upstairs you will find the primary bedroom with a walk-in closet and 2 additional bedrooms. Key updates include luxury porcelain tile downstairs, new tile flooring, vanities and fixtures in all bathrooms, hardwood flooring upstairs, outdoor aluminum fence, french drainage system with a blue stone walk way and more! Located just a short walk to two beaches and trail system. Come enjoy all Eastman has to offer including walking trails, golf, tennis, pickleball, cross country skiing, indoor pool and fitness center and 6 beaches! Open house Saturday June 4th 10am - 12pm.
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| Aug 25, 2020 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017