2 Cowles Avenue
About This Property
The home is filled with natural light and designed for both everyday living and entertaining. The updated kitchen features Sub-Zero and Wolf appliances and flows seamlessly into a cozy dining room with fireplace. A spacious first-floor living room with custom built-ins overlooks the patio and outdoor kitchen with built-in BBQ-ideal for indoor-outdoor living. A first-floor office provides flexible work-from-home or bonus space.
Upstairs, four well-proportioned bedrooms include a serene primary suite with an ensuite bath. An additional spacious full bath and the potential for a second laundry area or additional bathroom add convenience. The lower level offers additional bonus recreational space. A fully fenced, expansive backyard completes the offering. Nothing to do but move in and enjoy.
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Cap Rate Calculator
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 1, 2026 | Sold | ||
| Sold | |||
| Mar 15, 2026 | In contract | - | |
| In contract | |||
| Mar 4, 2026 | Listed by Compass Greater NY, LLC | $2,795,000 | |
| Listed by Compass Greater NY, LLC | |||
| Jul 7, 2021 | Sold | ||
| Sold | |||
| Mar 19, 2021 | Listed by Compass Greater NY, LLC | $2,095,000 | |
| Listed by Compass Greater NY, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017