28
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211 Bowne Street
About This Property
The first floor offers a cozy living room, an open concept kitchen and dining room that creates a seamless flow, ideal for those family gatherings! The kitchen has been beautifully updated with custom cabinetry, new stainless steel appliances and quartz countertops. Side doors off of both kitchen and dining areas lead out to the patio and a large fenced in backyard that has an additional enclosed storage space. The first floor primary bedroom has been updated with new carpets, a walk-in closet and upgraded en suite that comes complete with a teak double vanity and walk-in shower. A half bathroom combined with stackable washer dryer combo adds to the convenience of the first floor . On the second floor you'll find three bedrooms with new carpets, one full bath with tub, and partial water views. Pull down attic stairs and large unfinished basement provide additional storage. An attached two car garage with driveway offers plenty of parking. This home provides a convenient & comfortable living space in the heart of City Island and is a MUST see!
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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 |
|---|---|---|---|
| Jul 23, 2026 | Price Decreased |
$875,000
↓ $24K
(2.7%) | |
| Price Decreased | |||
| Jun 8, 2026 | Price Decreased |
$899,000
↓ $25K
(2.7%) | |
| Price Decreased | |||
| Jun 3, 2026 | Price Decreased |
$924,000
↓ $25K
(2.6%) | |
| Price Decreased | |||
| Mar 25, 2026 | Listed by Bee Home Realty | $949,000 | |
| Listed by Bee Home Realty | |||
| Sep 12, 2017 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017