221 Ames CV
About This Property
The home has successfully served as a rental for the past several years and offers several important improvements already completed. The roof and HVAC were replaced in 2020, with new rain gutters added in 2026. Previous foundation repairs were completed with a lifetime warranty, and the home comes pre-inspected, giving buyers additional information about the property's condition upfront.
Inside you'll find a comfortable living area, eat-in kitchen, three bedrooms, and two full baths. Out back, enjoy a spacious yard with no neighbor directly behind the property, providing a more open feel and plenty of room to enjoy the outdoors.
Located in the established Post Oak community, residents have access to neighborhood pool and park amenities, with shopping, dining, and everyday conveniences nearby. Whether you're looking to purchase your first home, add another property to your portfolio, or live here now with the possibility of turning it into a rental down the road, 221 Ames Cove offers flexibility for both today and the future.
Home comes pre-inspected, giving buyers additional information about the property before making an offer.
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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 |
|---|---|---|---|
| Oct 1, 2026 | Price Decreased |
$179,900
↓ $20K
(10%) | |
| Price Decreased | |||
| Sep 17, 2026 | Listed by Keller Williams Realty | $199,900 | |
| Listed by Keller Williams Realty | |||
| Jul 9, 2017 | Listed | $145,000 | |
| Listed | |||
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Cozy 3 bedroom 2 bathroom 1009sqft home in Post Oak, Kyle! This property has been painted, the carpet has been professionally cleaned, and the home is in turn key move-in ready condition! Schedule a showing before it sells!The manager has listed the unit size as 1032 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017