292 Covina Avenue
About This Property
This beautifully remodeled home features Bonus Room that could be used as 3rd Bedroom or Office, a brand-new roof, brand-new bathrooms, and a brand-new modern kitchen-all designed with comfort and style in mind. Freshly painted inside and out, the home boasts luxury vinyl plank flooring throughout, creating a warm and inviting atmosphere. Enjoy cooking in the stunning new kitchen with quartz countertops, solid wood soft-closing cabinets, and new stainless-steel appliances. The remodeled bathrooms include a new bathtub, vanities, toilets, and elegant light fixtures. Fireplace in the cozy living room, Dining area and bonus room – perfect as a 3rd bedroom, office, or playroom, Separate laundry room, Attached garage with direct home access, Extra Parking next to Garage .
Prime Location! Just a short walk to 2nd Street's vibrant shops and restaurants, and only minutes to the beach and ocean.
This is the home you've been waiting for – completely updated and move-in ready in one of the most desirable coastal neighborhoods.
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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 |
|---|---|---|---|
| Jun 17, 2025 | Sold | ||
| Sold | |||
| Jun 7, 2025 | In contract | - | |
| In contract | |||
| Jun 2, 2025 | Listed by TM Real Estate Brokers | $1,349,900 | |
| Listed by TM Real Estate Brokers | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017