2227 W 237th Street
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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%.
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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 |
|---|---|---|---|
| Mar 12, 2025 | Sold | ||
| Sold | |||
| Jan 26, 2025 | Listed by Estate Properties | $1,150,000 | |
| Listed by Estate Properties | |||
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This charming remodeled residence features four spacious bedrooms, including two primary suites. The home boasts three well-appointed bathrooms and an updated kitchen with stainless steel appliances, granite countertops, and soft-close cabinets. This home is loaded with character featuring open-beamed ceilings and a stacked stone fireplace, complemented by wood floors throughout. The interior is bright and open. The backyard has a 120-square-foot storage shed, a grassy yard, a custom deck perfect for entertaining, and peach and tangerine trees. Additional highlights include air conditioning, copper plumbing, attic storage with a drop-down ladder, a two-car garage, and a large driveway accommodating multiple vehicles. Conveniently located just steps away from Cream Pan bakery, The Original Alfredo's Restaurant, Hoff's Hut, DuBunne Day Spa, Sur La Brea Park, and Wood Elementary School. Leave your car at home and enjoy the active South Bay lifestyle!
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| Aug 5, 2020 | Sold | ||
| Sold | |||
| Jun 5, 2020 | Listed by Realty One Group West | $818,000 | |
| Listed by Realty One Group West | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017