2 Rita Cir
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 |
|---|---|---|---|
| Apr 28, 2025 | Sold | ||
| Sold | |||
| Mar 9, 2025 | In contract | - | |
| In contract | |||
| Mar 4, 2025 | Price Decreased |
$400,000
↓ $37K
(8.5%) | |
| Price Decreased | |||
| Feb 14, 2025 | Price Decreased |
$437,000
↓ $23K
(5%) | |
| Price Decreased | |||
| Jan 21, 2025 | Listed | $460,000 | |
| Listed | |||
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Open House Cancelled - Offer Accepted. Major Price Adjustment! Fabulous home for living and entertaining with space for everyone! This stunning home is designed with entertaining in mind, features an open floor plan that seamlessly connects a beautifully updated kitchen to a large, sun-filled living room and dining area. 2 spacious bedrooms (which could be used as offices) on the first floor and 4 on the second. Step into the entryway sunroom and out to the fenced backyard, ideal for pets, play, and BBQs. The expansive outdoor space includes a large deck, raised garden beds, and a shed. Enjoy relaxing evenings on the charming farmer’s porch. Recent updates include totally renovated kitchen, stunning stone flooring in the sunroom, new hardwood hallway and stairs, porch flooring, a new hot water heater, and more. The partially finished basement boasts a fun game room, built-in shelving and a workbench. This home truly has it all!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017