227 Central St
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 |
|---|---|---|---|
| Jan 15, 2025 | Sold | ||
| Sold | |||
| Nov 16, 2024 | In contract | - | |
| In contract | |||
| Nov 4, 2024 | Listed by ERA Key Realty Services - Distinctive Group | $475,000 | |
| Listed by ERA Key Realty Services - Distinctive Group | |||
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Wonderful Cape perfectly located for commuting, a minute to 495/62; Shopping at Highlands or Main St and all its shops and restaurants; Walk/jog/chill at Gates Pond. Enter through a huge mudroom with lots of options for benches, storage, extra pantry. Roof, windows, city sewer hookup, vinyl siding, paved driveway that has all been accomplished. Beautiful kitchen updated with Corian counters and seamless sink, gorgeous soft close cabinets, Bosch dishwasher, Whirlpool double oven. Updated bathroom with Corian sink and vanity. New walk in shower with helpful hand grips. Heating system installed in 2014, hook up for gas stove, 200 amp electric panel added with the installation of the mini splits on the 1st & 2nd floor. Hardwood floors on the first floor and stairs. 2nd flr bedroom has carpet. Other bedroom has laminate floor for easy maintenance. Upstairs with lots of built ins, gives lots of storage, space options and I see a potential New Half bath. Multi level yard, shed and more
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017