2218 Avenue L
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 |
|---|---|---|---|
| Oct 16, 2025 | Sold | ||
| Sold | |||
| Sep 11, 2025 | In contract | - | |
| In contract | |||
| Sep 1, 2025 | Listed by Coldwell Banker Ultimate | $350,000 | |
| Listed by Coldwell Banker Ultimate | |||
| Aug 10, 2018 | No longer available | - | |
| No longer available | |||
| Jun 14, 2018 | Listed | $229,000 | |
| Listed | |||
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Welcome home to your piece of heaven in the most adorable town around! This inviting 3 bedroom, 2 full bath home offers a spacious living area, over sized bedrooms, newly remodeled master bathroom with walk-in shower, detached garage and a wonderfully manicured acre with mature trees, pipe fencing. Plenty of space to spread out and enjoy country living. Don't wait! This home won't last long. The manager has listed the unit size as 2056 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017