231 N Citrus 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 |
|---|---|---|---|
| Jun 6, 2025 | Sold | ||
| Sold | |||
| May 20, 2025 | In contract | - | |
| In contract | |||
| Apr 3, 2025 | Listed by RE/MAX Connections | $684,999 | |
| Listed by RE/MAX Connections | |||
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This beautifully remodeled gem combines modern elegance with functionality for an ADU/ Multiple unit potential. Seller has architectural plans to add a 3rd bedroom and 2nd bathroom available to every buyer. Seller also has Prior Air BnB/VRBO income history. Enjoy the convenience of being within walking distance of the highly desirable Vista Village, where you'll find vibrant dining, shopping, and entertainment options right at your doorstep. Step inside to discover a thoughtfully designed open floor plan, highlighted by stylish brushed nickel lighting and sleek quartz countertops. The updated kitchen shows off top-of-the-line stainless steel appliances and ample counter space, perfect for both everyday meals and entertaining guests. The spacious living area offers a warm and inviting atmosphere, making it a perfect space to unwind or host gatherings. The property also has a large lot with fully oversized yard with 2 entrances on N citrus and Palm Dr. The possibilities are endless. Don’t miss out on this rare opportunity to own a home in a coveted neighborhood with room to grow. ZONED R-3 Restricted Multiple
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| Sep 16, 2021 | Sold | ||
| Sold | |||
| Aug 13, 2021 | Listed by HomeSmart Realty West | $425,000 | |
| Listed by HomeSmart Realty West | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017