224 Angler Avenue
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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 |
|---|---|---|---|
| Feb 16, 2018 | Sold | ||
| Sold | |||
| May 17, 2017 | Listed by The Corcoran Group | $2,785,000 | |
| Listed by The Corcoran Group | |||
| Jun 3, 2016 | Listed by The Corcoran Group | $2,785,000 | |
| Listed by The Corcoran Group | |||
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Casual, open, charming and sunlit North End home of two European artists with a lovely wild tropical garden. The south side exposure has a cozy pool area and a very romantic pond. Angler Avenue is one of the nicest and quietest streets with especially nice neighbors. The beautiful sandy beach is just within 100 yards and the bike trail is also just a stone's throw away. The lot is perfect for building your dream home or remodel the existing home to your fantasies. This property has a rare elevation for Palm Beach of over 10 feet thereby alleviating any flooding concerns.
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About Cayuga Estates
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$6,500 /mo
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$6,000 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017