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233 Annette 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 |
|---|---|---|---|
| Oct 15, 2026 | Listed by Westcott Properties | $1,200,000 | |
| Listed by Westcott Properties | |||
| Nov 28, 2025 | Sold | ||
| Sold | |||
| Apr 7, 2025 | In contract | - | |
| In contract | |||
| Feb 27, 2025 | Listed by Westcott Properties | $425,000 | |
| Listed by Westcott Properties | |||
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Kay’s Castle – A Legendary Estate Awaiting Its Next Chapter! Built in 1975 by the visionary owner of Kay’s Restaurant, this iconic property is a landmark of architectural distinction. Constructed by a renowned builder, it showcases superior craftsmanship on 1.12 acres with breathtaking city views, a signature K-shaped gunite pool, & potential for one or two additional buildable lots. Designed for entertaining, the main level boasts a sunken living room, while the lower level was built as a full-scale kitchen with direct walkout access to the pool area. Though structurally impressive, the interior requires restoration, offering a blank slate for visionary transformation. **Signature details include stone fireplaces, decks, cedar shingle siding, a heated garage, and a “cool deck” patio. Once a gathering place for RI’s most notable figures, Kay’s Castle is a rare opportunity for luxury restoration or investment.
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| May 23, 2019 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017