306 S 3rd Ave
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%.
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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 |
|---|---|---|---|
| Jul 1, 2025 | Sold | ||
| Sold | |||
| May 20, 2025 | In contract | - | |
| In contract | |||
| May 9, 2025 | Listed | $1,600,000 | |
| Listed | |||
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Discover the perfect blend of modern living and timeless design at 306 S 3rd Ave in Superior-a coveted address on one of the town's most desirable streets. This exquisite "Twin Gable" ranch-style home offers the ease of low-maintenance, single-level living combined with luxury finishes and flexible space for every lifestyle. Step inside and be greeted by soaring vaulted ceilings, abundant natural light from skylights, and warm White Oak flooring throughout. The open floorplan is designed for both relaxing and entertaining, anchored by a sophisticated gas fireplace with a beautiful tile surround. The gourmet kitchen features Bosch appliances, custom cabinetry, and quartz countertops-a chef's dream and the heart of the home. Seamless indoor-outdoor living is yours with French doors opening to an expansive rear patio, surrounded by full landscaping and sand washed concrete steps-ideal for dining al fresco or gatherings with family and friends. Thoughtful touches include a Murphy bed in the front bedroom for added flexibility, smart home lighting, and a whole-home Sonos system. Unique to this property is the detached Accessory Dwelling Unit (ADU), offering a private 1-bedroom suite with its own kitchen and family room. Perfect for extended family, guests, or even a private office, the ADU adds unmatched versatility-and could also serve as an excellent rental opportunity for income. Additional highlights include a durable metal roof, Sierra Pacific windows, tankless water heater, EV ready alley-load garage with extra parking, and designer plumbing and lighting fixtures. Situated steps from parks, trails, and the vibrant new shops and eateries of Downtown Superior, 306 S 3rd Ave is more than a home-it's a lifestyle. The Marshall trail system begins at the end of the street, connecting the new owner to miles of open space and outdoor adventures. Experience sophisticated, flexible living in this rare and exceptional "Twin Gable" residence on Superior's treasured S 3rd Ave.
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| Aug 26, 2022 | No longer available | - | |
| No longer available | |||
| Aug 10, 2022 | Listed by CORE Residential | $500,000 | |
| Listed by CORE Residential | |||
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Amazing opportunity on coveted 3rd Ave South in Old Town Superior. Turn key new build on 7000 sq ft lot w/ ADU opportunity. Soils report in completed w/ soils engineers blessing on full basement, water and sewer taps in hand and even fully completed building plans by Stewart Architecture (amendable plans per the architect at reduced rates). Great east/west orientation with a rear load alley off the west side and allowable ADU between 500-800 sq ft (see town ordinance attached). The lot boasts some wonderful evergreen trees on the front and beautiful new homes just across the street. Great location with the Mayhoffer trail one block from house, Children's Park three lots away, Founder's Park just three blocks away and the exciting new Downtown Superior also three blocks away. Settled in a quiet corner of Superior, enjoy the ease of living and the convenience of walkable shops like Whole Foods, Target, Costco, the Sport Stable and more. 3rd Ave has already begun the rebuild with 6 homes under-construction! This will be one of the best locations to settle in your brand new home and community! There was no structure on the home during the Marshall Fire and the lot is ready for a building permit. Photos reflect estimated lot lines, ILC available.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017