2233 NW 3RD AVENUE
About This Property
Step into the warmth and character of this delightful 2-bedroom, 2-bath cottage-style home, nestled beneath a canopy of mature live oak trees. Built in 1974, this home offers timeless charm with thoughtful updates, including fresh carpet and paint throughout the large living space. Tongue-and-groove wood paneling adds a cozy, inviting touch.
Enjoy a spacious, functional kitchen with plenty of room for entertaining or casual dining. The oversized primary bedroom provides a peaceful retreat, while the generous second bedroom offers flexibility for guests, an office, or hobby space.
Outside, the large backyard is perfect for gatherings, gardening, or simply relaxing under the shade of the oaks. The welcoming front porch invites you to unwind and enjoy the tranquil setting. A 2-car carport adds convenience, and the home's location just minutes from schools and downtown ensures easy access to everything you need.
Don't miss this opportunity to own a slice of classic charm with modern comforts – schedule your showing today!
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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 |
|---|---|---|---|
| Feb 3, 2026 | Sold | ||
| Sold | |||
| Jan 1, 2026 | In contract | - | |
| In contract | |||
| Dec 4, 2025 | Price Decreased |
$179,900
↓ $5K
(2.8%) | |
| Price Decreased | |||
| Oct 28, 2025 | Price Decreased |
$185,000
↓ $4K
(2.1%) | |
| Price Decreased | |||
| Oct 5, 2025 | Listed by SOUTHERN CHARM REALTY OF CF | $189,000 | |
| Listed by SOUTHERN CHARM REALTY OF CF | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017