269 12TH AVENUE
About This Property
Step inside through the enclosed front patio, perfect for relaxing mornings or welcoming guests. Inside, the home offers a functional layout ready for your finishing touches. The extended driveway provides ample parking for multiple vehicles, trailers, or work trucks - a rare find with no HOA!
One of the standout features is the detached In-Law Suite in the backyard - ideal for rental income, extended family, or a private office/studio setup.
Sitting on a generously sized lot, reimagine outdoor living, or simply enjoy Florida's sunshine in a private backyard.
Bring your tools and vision - this one is priced to move and packed with potential. Whether you're flipping, renting, or customizing your forever home, this is a must-see.
Seller may contribute to closing costs if preferred lender is used.
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Cap Rate Calculator
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 5, 2025 | Sold | ||
| Sold | |||
| Aug 22, 2025 | In contract | - | |
| In contract | |||
| Aug 14, 2025 | Price Decreased |
$179,900
↓ $10K
(5.3%) | |
| Price Decreased | |||
| Aug 7, 2025 | Price Decreased |
$189,900
↓ $10K
(5%) | |
| Price Decreased | |||
| Aug 7, 2025 | Relisted | $199,900 | |
| Relisted | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017