3081 23RD 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%.
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 13, 2026 | Sold | ||
| Sold | |||
| Feb 27, 2026 | In contract | - | |
| In contract | |||
| Feb 13, 2026 | Listed by The GRUBB Company | $898,000 | |
| Listed by The GRUBB Company | |||
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This captivating Mediterranean style home balances Old World charm with contemporary comfort. Enter through unique custom-built gates into the private front garden, a striking first impression! Gleaming hardwood floors flow throughout, unifying sun-drenched rooms filled with character and warmth. An open floor plan connects the living room with its classic fireplace to the spacious dining area and eat-in kitchen. The gorgeous updated bath adds modern luxury. Enjoy views of Mount Tam from the kitchen and upstairs bedroom. The backyard unfolds as a verdant retreat, with a deck and flagstone patio perfect for outdoor dining, relaxation, and play. Mature plum, lemon, and manzanita trees create a lush setting. The cherry on top: a beautiful 1 bed, 1bath ADU built in 2019 with full permits. The vaulted ceilings, skylights, along with french doors leading to the private patio with mature olive and pineapple guava trees, create an airy atmosphere. This versatile space works beautifully for multigenerational living, a private retreat, or as a rental income opportunity. Situated in the desirable Glenview school district, with easy access to HWY 580 and the wonderful restaurants and shops along Park Ave. Ask your lender about loan options to factor in ADU rental income!
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| Dec 1, 2015 | Sold | ||
| Sold | |||
| Oct 8, 2015 | Listed by GOLDEN GATE SOTHEBYS INTERNATIONAL REALTY | $399,000 | |
| Listed by GOLDEN GATE SOTHEBYS INTERNATIONAL REALTY | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017