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331 MCDOWELL AVENUE
About This Property
Inside, you'll find fresh interior paint, newly built stairs to both the basement and upper level. Additional features include new blinds and window screens, an adorable hand painted nursery, and two wardrobes with automatic interior lighting for extra storage. The spacious upstairs bathroom offers plenty of room to unwind, while the conveniently located washer and dryer make laundry day a breeze.
Step outside to your own private oasis! The backyard is large, flat, and enclosed by a gated 6' wood privacy fence. It features a 7 person hot tub under a beautiful gazebo, all on top of a red brick patio. Night time lighting, a TV, and a sound system in the gazebo make for the perfect outdoor relaxation and entertainment spot! A raised garden bed with lattice provides additional privacy and lots of flowers, herbs, and vegetables. Even the road out front is brand new!
Conveniently located near I-81, I-70, and local shopping, this home offers easy access to everything you need. With so many updates already taken care of, all that's left to do is unpack and enjoy!
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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 |
|---|---|---|---|
| Sep 29, 2026 | Listed by EXP Realty, LLC | $295,000 | |
| Listed by EXP Realty, LLC | |||
| Sep 5, 2023 | Sold | ||
| Sold | |||
| Aug 8, 2023 | In contract | - | |
| In contract | |||
| Aug 3, 2023 | Listed by EXP Realty, LLC | $230,000 | |
| Listed by EXP Realty, LLC | |||
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017