228 Monroe 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 |
|---|---|---|---|
| Feb 5, 2026 | Sold | ||
| Sold | |||
| Dec 15, 2025 | In contract | - | |
| In contract | |||
| Dec 8, 2025 | Listed by Keller Williams Valley Realty | $459,900 | |
| Listed by Keller Williams Valley Realty | |||
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Welcome to Your Future Home
This stunning bi-level residence features an inviting open concept design, highlighted by vaulted cathedral ceilings in the living and dining room that enhance the main living area. A gorgeous palladium window adds to the charm.
The kitchen boasts a sliding door leading to the deck, overlooking a fenced yard. Plus, the property comes with lake rights! All bedrooms are generously sized and equipped with ample closet space.
On the lower level, you'll discover a fantastic family room offering plenty of space for gatherings or hosting lively parties. The laundry room is also spacious.
A blacktop driveway and a two-car garage complete this wonderful home! While it does require a fresh coat of paint and some TLC, it presents a fantastic deal for the price! Located in the Monroe Woodbury School District!
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| Dec 16, 2021 | Sold | ||
| Sold | |||
| Nov 1, 2021 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017