223 NW Front ST
About This Property
The kitchen is a standout with solid wood shaker cabinets, custom island, farmhouse sink, porcelain backsplash, and unique refurbished bowling alley countertops. The living area offers built-in bookcases and an electric fireplace, creating a warm and functional space. Bathroom upgrades include a new vanity, soaker tub, and luxury tile.
Major system improvements include updated electrical with a 200-amp panel, new plumbing with PEX lines, new water heater, and HVAC servicing with new ductwork. Outdoor enhancements include a new fence, multiple decks/porches, and solar lighting around the 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 |
|---|---|---|---|
| Jun 7, 2026 | In contract | - | |
| In contract | |||
| Apr 29, 2026 | Listed by Spyglass Realty | $329,990 | |
| Listed by Spyglass Realty | |||
| Sep 9, 2024 | In contract | - | |
| In contract | |||
| Aug 5, 2024 | Price Decreased |
$95,000
↓ $40K
(29.6%) | |
| Price Decreased | |||
| May 20, 2024 | Price Decreased |
$135,000
↓ $15K
(10%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017