23 Avon #1
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%.
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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 |
|---|---|---|---|
| Mar 5, 2024 | Sold | ||
| Sold | |||
| Feb 1, 2024 | In contract | - | |
| In contract | |||
| Jan 24, 2024 | Relisted | $395,000 | |
| Relisted | |||
| Jan 4, 2024 | In contract | - | |
| In contract | |||
| Dec 18, 2023 | Listed by Century 21 North East | $395,000 | |
| Listed by Century 21 North East | |||
| | |||
|
Charming and renovated 2-bedroom residence featuring a sleek, renovated open-concept design;washer and dryer hook ups in unit, this home is conveniently located near major routes, ensuring seamless connectivity. Enjoy modern living with upgraded amenities and easy access to transportation hubs for your convenience."It has a car garage plus parking space. The siding was done in 2021, repairs was done to the roof .and the central heat and central air system was installed in 2023,average rentals on this area for this type of unit are estimated in $3000-$3200.Open House Sat from 12:00-2:00 Sun from 12:00-1:00 pm
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
12/18/2023
|
2 Bed
|
1 Bath
|
858 ft²
|
$395,000
2 Bed
1 Bath
858 ft²
|
$410,000
+3.80%
03/05/2024
|
Viviane Alvarenga
Century 21 North East
| |
|
06/14/2002
|
2 Bed
|
1 Bath
|
803 ft²
|
$174,900
2 Bed
1 Bath
803 ft²
|
$175,000
+0.06%
09/30/2002
|
Bob Trodden
RE/MAX 360
| |
|
05/03/2001
|
1 Bed
|
1 Bath
|
758 ft²
|
$139,900
1 Bed
1 Bath
758 ft²
|
$135,000
-3.50%
06/29/2001
|
Joseph Cavarretta
| |
|
08/29/2000
|
2 Bed
|
1 Bath
|
803 ft²
|
$109,999
2 Bed
1 Bath
803 ft²
|
$109,999
12/01/2000
|
Robert Corcoran
Corcoran Brothers Realty
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017