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2304 Castro Lane
About This Property
We have a Motivated seller, cosmetic fixer (need some updates) located within walking distance to the Valley Plaza Mall. This home offers 1,127 sq. ft. of living space with 3 bedrooms and 2 baths.. The property includes an indoor laundry. The home is situated in a well-established neighborhood.
Conveniently located near Schools, Freeways, Supermarkets, Gas sations, Gym, Restaurnts, etc.
Making this property a great opportunity for investors or first buyers.
Buyer can easily convert this property into a 4th bedrooms, it was originally built as a 4 bedroom, the sellers removed 1 wall making it a 3 beroom house.
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Cap Rate Calculator
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 14, 2026 | Sold | ||
| Sold | |||
| Jun 28, 2026 | In contract | - | |
| In contract | |||
| May 30, 2026 | Price Decreased |
$275,000
↓ $15K
(5.2%) | |
| Price Decreased | |||
| Apr 28, 2026 | Listed by Equity Smart Real Estate Services | $290,000 | |
| Listed by Equity Smart Real Estate Services | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017