400 SE 2nd Avenue
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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 |
|---|---|---|---|
| Aug 12, 2021 | Sold | ||
| Sold | |||
| Mar 30, 2021 | Listed by Castelli Real Estate Services | $495,000 | |
| Listed by Castelli Real Estate Services | |||
| Apr 20, 2019 | No longer available | - | |
| No longer available | |||
| Mar 13, 2019 | Listed by Castelli Real Estate Services | $455,000 | |
| Listed by Castelli Real Estate Services | |||
| | |||
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Come see this Move-In Ready, stunning 2 Bedroom, 2 Bath updated home on a corner lot in the prestigious and desirable neighborhood of Garden Isles! Beautiful landscaping with mature coconut palms and lush privacy hedges outline the property. Pavers enhance the circular driveway, patio and pool deck. The newly re-thatched Tiki Hut provides welcome shade by the over-sized free-form lap pool with spa featuring a new salt water chlorination system. The kitchen is beautifully updated with custom cabinetry, granite counters, and stainless steel appliances. The One Car Garage also houses the laundry area. The Florida room features a wall of windows overlooking the gorgeous backyard and pool. There's a new roof less than five years old and newly installed plantation shutters throughout. The manager has listed the unit size as 1377 square feet.
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| Nov 1, 2013 | Sold | ||
| Sold | |||
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About Garden Isles
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$9,995 /mo
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- 2,422 ft²
$7,500 /mo
- 2 Beds
- 2 Baths
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017