233 85th STREET
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 |
|---|---|---|---|
| Sep 20, 2023 | Sold | ||
| Sold | |||
| Mar 8, 2023 | Listed by DUNCAN REAL ESTATE, INC. | $995,000 | |
| Listed by DUNCAN REAL ESTATE, INC. | |||
| Feb 18, 2023 | No longer available | - | |
| No longer available | |||
| Aug 15, 2022 | Listed by Bark & Company Realty, Inc. | $1,495,000 | |
| Listed by Bark & Company Realty, Inc. | |||
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The possibilities are endless with this ground level cottage to either renovate and add a pool or start over. It's three bedrooms and two baths with both a living room and a generous family room and a large screened lanai. Just a short walk or bike ride to the beach or the shops and resturaunts along Pine Avenue. Located in a quiet, established neighborhood for easy island living. Call your Realtor for a private showing today. The manager has listed the unit size as 1710 square feet.
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| Jul 30, 2003 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017