23 Washington Avenue
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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 15, 2025 | Sold | ||
| Sold | |||
| Jun 25, 2025 | In contract | - | |
| In contract | |||
| Jun 6, 2025 | Listed by RE/MAX Revolution | $3,275,000 | |
| Listed by RE/MAX Revolution | |||
| Feb 9, 2025 | Listed | $3,299,000 | |
| Listed | |||
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Welcome to 23 Washington. Custom built ocean block masterpiece built by Bloomin Properties, where impeccable craftsmanship and modern sophistication come together in perfect harmony. Boasting five spacious bedrooms and 3.5 spa-inspired baths, this home is a sanctuary of style and comfort. From the moment you step inside, rich white oak floors, intricate crown molding, and elegant shiplap accents set a tone of refined luxury. The gas fireplace framed by custom built-ins creates a warm and inviting living space, while a private Inclinator elevator and whole-home stereo system enhance convenience and indulgence. Designed for the discerning chef, the gourmet kitchen features custom cabinetry, quartz countertops, an expansive island, and premium Fisher & Paykel appliances. The primary suite is a tranquil escape, complete with a luxurious en-suite, frameless glass shower, custom vanity, and exquisite porcelain and marble tile. Step outside to your private backyard oasis, where a heated Dolphin fiberglass pool with LED lighting shimmers under the night sky. A built-in BBQ, paver patio, and roll-up bar door set the stage for seamless indoor-outdoor living. Oversized storage area has 545 square that make the possibilities endless! The yard is enclosed by a 6' privacy fence and lush professional landscaping. Built to the highest standards, this ocean-block gem is crafted with James Hardie siding, Andersen windows, a fiberglass deck, and advanced home systems, offering a rare opportunity to own a true coastal retreat.
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| Apr 16, 2024 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017