205 Banner Ave
About This Property
Each of the four bedrooms is equipped with a ceiling fan (all replaced in 2023), ensuring comfort throughout the seasons. The living room and dining area also feature new ceiling fans, enhancing airflow and energy efficiency. The primary suite offers a peaceful retreat, while the secondary bedrooms provide flexible space for family, guests, or a home office.
Head out back to enjoy the covered patio overlooking a landscaped backyard complete with mature shade trees and space for gardening, relaxing, or outdoor gatherings. Whether you're enjoying morning coffee on the front porch or hosting friends in the backyard, this home offers spaces that invite connection and calm.
Recent updates include a new dishwasher, refrigerator, and washer in 2022, plus a new dryer in 2024-all of which convey with the home. This property also boasts an easy commuter location just minutes from 183, while still being close to nearby access to hiking trails, parks, and natural escapes. Enjoy the best of both worlds - urban access with nearby nature at your doorstep. Don't miss this move-in-ready gem!
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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 |
|---|---|---|---|
| Jun 3, 2025 | In contract | - | |
| In contract | |||
| May 30, 2025 | Listed by Redfin Corporation | $330,000 | |
| Listed by Redfin Corporation | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017