2244 Pacific Ave
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 |
|---|---|---|---|
| Oct 1, 2024 | Sold | ||
| Sold | |||
| Sep 19, 2024 | In contract | - | |
| In contract | |||
| Sep 6, 2024 | Listed by KW Advisors East Bay | $898,000 | |
| Listed by KW Advisors East Bay | |||
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Welcome to 2244 Pacific, a charming 1925 split-level home located just a few blocks from the historic Park Street and hasn't been on market since 2004! With major renovations, this 2-bedroom, 1-bath gem features an updated kitchen, bathroom and upgraded electrical, furnace, air conditioning and a tankless water heater—perfect for staying cool on hot or smoky days. The living room welcomes you with wood floors, a stunning fireplace framed by built-in shelving and a large picture window. The dining room boasts floor-to-ceiling built-in shelves, white wainscoting and a modern candle chandelier. Updated kitchen with newer cabinets, countertops, a stainless steel double sink and luxury modern appliances. Adjacent to the kitchen is a laundry closet and a cozy breakfast nook with a glass door that leads to the backyard. The bathroom preserves the home's original tub while adding a custom-made medicine cabinet for a touch of uniqueness. Extra storage cabinets. Outside, French maple tree, rosemary, and a Meyer lemon tree. With both interior access and original carriage doors, the garage offers versatile use, while off-street parking accommodates up to three cars. Located near top schools with easy off-island access over the Park St Bridge. Open House Sat/Sun 9/14 & 9/15 from 2-4pm.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017