425 18th Avenue
About This Property
Welcome to this fantastic, expanded ranch, ideally situated on a huge 100x125 property in a highly sought-after shore location. This charming home offers generous space and comfort, making it perfect for a growing family. As you enter, you'll immediately notice the welcoming and cozy atmosphere of the spacious living room that is open to the dining room, which is perfect for both relaxing and entertaining. As you move through the interior, you'll appreciate the rich, warm appeal of hardwood flooring. The kitchen leads to the bonus and family room. Multi decks and storage area lead to the huge, fenced yard for summer fun! Don't miss this!
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Cap Rate Calculator
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 |
|---|---|---|---|
| May 16, 2025 | Sold | ||
| Sold | |||
| Mar 29, 2025 | In contract | - | |
| In contract | |||
| Mar 12, 2025 | Listed by Weichert Realtors-Brick | $460,000 | |
| Listed by Weichert Realtors-Brick | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017