24 Butler 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 |
|---|---|---|---|
| Oct 8, 2025 | Sold | ||
| Sold | |||
| Sep 3, 2025 | In contract | - | |
| In contract | |||
| Aug 28, 2025 | Listed by Keller Williams Realty | $440,000 | |
| Listed by Keller Williams Realty | |||
| Sep 17, 2021 | Sold | ||
| Sold | |||
| Aug 11, 2021 | Listed by Keller Williams Elite | $299,900 | |
| Listed by Keller Williams Elite | |||
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Adorable two bedroom cottage with deeded beach rights to Buttermilk Bay! Tastefully updated throughout with hardwood flooring and quartz countertops. A new deck extends off the kitchen to the private backyard for entertaining guests. Each room is sizeable for comfortable first floor living. A breakfast bar for four overlooks the living room where an electric fireplace sits below the wooden mantle. The full bathroom was renovated and outfitted with a Bluetooth light fixture. Newer roof, windows and siding add to this low maintenance home. This cute cottage is just steps from the beach and a short distance to The Cape Cod Canal. Spend your summers here or this is perfect for a year round oasis.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017