48
Map
2231 3RD ST
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 |
|---|---|---|---|
| Sep 10, 2026 | Price Decreased |
$629,000
↓ $46K
(6.8%) | |
| Price Decreased | |||
| Aug 12, 2024 | Listed by The Grove Team, Ltd. | $675,000 | |
| Listed by The Grove Team, Ltd. | |||
| Dec 25, 2020 | No longer available | - | |
| No longer available | |||
| Dec 20, 2020 | Listed | $80,000 | |
| Listed | |||
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Turn of the century 3 bedroom, 2 bath home w/upstairs bonus space. Property is centrally located close to downtown and schools. Fully fenced yard, new roof 2016 and new 17x22 shop 2019 (shop consists of a 1 car garage & upper storage) with alley access. Master bath & bedroom have fire damage, remainder of house has varying degrees of cosmetic & smoke damage. House is being sold "As Is." CASH ONLY!!! The manager has listed the unit size as 2360 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017