2523 23rd Avenue
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 |
|---|---|---|---|
| Aug 18, 2025 | Sold | ||
| Sold | |||
| Jul 11, 2025 | In contract | - | |
| In contract | |||
| May 31, 2025 | Price Decreased |
$479,000
↓ $20K
(4%) | |
| Price Decreased | |||
| Mar 22, 2025 | Listed | $499,000 | |
| Listed | |||
| | |||
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Feel welcomed and at home as you step into this well-maintained gem in Highland Terrace! This charming residence features 2 bedrooms, 1 bathroom, a nicely appointed kitchen, a spacious basement, a cozy front deck patio, and a generous backyardyour very own private oasis. Come enjoy life at the freshly painted 2523 23rd Ave, ideally located near parks, grocery stores, and more. Whether you're a first-time homebuyer or an investor, this home is a fantastic opportunity you wont want to miss!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017