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2239 ARMADILLO AVENUE
About This Property
The previous buyer's financing fell through, and their loss is your gain. This one didn't sit, didn't drop in price, and didn't change - it's simply available again. If you missed it the first time, now's your second chance.
Welcome Home.
Skip the renovation checklist - this one's already done. With a new roof (2023), updated flooring (2025), fresh interior paint, new gutters (2025), and a new water heater (2025), the heavy lifting has been handled for you. Just move in and start living.
The layout flows effortlessly, with a primary suite that feels like a true retreat - complete with a walk-in closet and double-sink vanity. The fully remodeled guest bathroom (2025) means guests arrive to something polished, not a project.
Step outside and you'll find your own private pool, gated for safety and sized for both lazy Sunday afternoons and weekend entertaining. The garage laundry area keeps things practical and tucked away, complete with a new washer and dryer (2022).
This is the rare kind of move-in ready that actually means it - updated, maintained, and ready for whatever comes next.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Aug 6, 2026 | Sold | ||
| Sold | |||
| Jul 8, 2026 | In contract | - | |
| In contract | |||
| Jul 2, 2026 | Relisted | $280,000 | |
| Relisted | |||
| Jun 9, 2026 | In contract | - | |
| In contract | |||
| Jun 6, 2026 | Relisted | $280,000 | |
| Relisted | |||
Property Highlights
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About Spring Hill
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017