245 53rd 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 |
|---|---|---|---|
| Mar 10, 2026 | Sold | ||
| Sold | |||
| Jan 21, 2026 | In contract | - | |
| In contract | |||
| Jan 14, 2026 | Listed by Coldwell Banker American Homes | $579,000 | |
| Listed by Coldwell Banker American Homes | |||
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Welcome Home to this picture perfect 3 Bedroom Ranch, featuring many updates and low maintenance! This great starter home offers an updated kitchen with new stainless steel gas range, tons of sunlight, and spacious dining area. The cozy living room, with entry coat closet boasts hardwood floors which extends throughout into all bedrooms. King size primary bedroom with two large closets. Peaceful and private all season sunroom off the kitchen offers additional living space, overlooking a nice sized backyard with paver patio and Sun Setter retractable awning. Updates also include Vinyl Siding, Updated Windows, Central A/C, New Washer/Dryer, Gas Heat and H/W, IGS, Architectural Roof approx. 14yrs w/New Roof added on Oversized Garage which has been finished, and expanded, Paver walkways and covered entrances, all situated on a 75x100 professionally landscaped property with many perennials and evergreen foliage. No Flood Insurance needed, and low taxes too! Don't miss your chance on this one!! Excellent condition, and ready to go!
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| Feb 7, 2024 | Sold | ||
| Sold | |||
| Nov 8, 2023 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017