224 Western Avenue
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 |
|---|---|---|---|
| May 7, 2024 | Sold | ||
| Sold | |||
| Mar 14, 2024 | In contract | - | |
| In contract | |||
| Mar 1, 2024 | Listed by Home Alliance Realty | $199,900 | |
| Listed by Home Alliance Realty | |||
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Step back in time with this charming 2-bedroom, 1-bathroom home built in 1864. Situated on a 1/2 acre lot, this classic residence retains its original charm while offering plenty of outdoor gardening, entertaining, or play space. Mature trees and landscaping provide privacy and a serene setting. 300' deep lot, new vinyl replacement windows, roof replaced in 2017, furnace (2016). The bathroom was updated in recent years and includes a jetted tub. The attic has blown insulation and two attic vents.
Located just minutes away from local amenities, eateries, and attractions. This is more than just a home; it's a piece of Tuckerton's history, waiting for its next chapter. Don't miss out on this rare opportunity!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017