31 Overlea 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 |
|---|---|---|---|
| Nov 21, 2024 | Sold | ||
| Sold | |||
| Oct 22, 2024 | In contract | - | |
| In contract | |||
| Oct 7, 2024 | Listed by Century 21 North East | $599,900 | |
| Listed by Century 21 North East | |||
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Welcome to this hilltop beauty with million dollar ocean views! Enter the property through the terraced gardens where the owners love for gardening shines through. Family owned for over 90 years. Colonial style home with three bedrooms, primary bedroom has a full bath and walk-in closet. Main level has updated kitchen with bar, island and views, of course. Kitchen and dining area with hardwood flooring. Living room with ocean views, flexible space on main floor can be used as an office, sitting room or playroom. Vinyl siding, Central A/C, beautiful brick front stairs, newer front door, flagstone patio, side deck, chimney capped in 2018, chimney liner 2022, heating system serviced 2024. The property expands to the left of driveway all the way to corner of the street, can be cleared for additional outdoor living space.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017