23 Prospect 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 |
|---|---|---|---|
| Jul 8, 2025 | Sold | ||
| Sold | |||
| May 20, 2025 | In contract | - | |
| In contract | |||
| May 13, 2025 | Listed | $850,000 | |
| Listed | |||
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Timeless 1930's Craftsmanship! The commitment to design and aesthetic is evident as soon as you enter this beautifully remodeled brick Colonial Revival. Built by the builder as a wedding gift to his daughter, no expense was spared! Original details remain such as glass panel doors, crystal door knobs, transom window over the front door, two fireplaces, hardwood floors throughout. Careful renovations over the years included opening up the floor plan between the kitchen and dining areas, creation of a mud room that allows easy flow, installing custom Vitsoe shelving in the living room and finishing a room in the basement for additional living area. Recent improvements include Kubala windows throughout, complete interior and exterior paint, soapstone kitchen counter, all new designer light fixtures, electric and plumbing updates. A 4-season sun room, large screen porch overlooking the fully fenced, oversized yard, and 1 car garage complete the picture! OPEN SUN, 5/18, 12-2
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| Nov 2, 2022 | Sold | ||
| Sold | |||
| Sep 27, 2022 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017