54
Map
427 Central Avenue
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 |
|---|---|---|---|
| Aug 16, 2026 | In contract | - | |
| In contract | |||
| Jun 12, 2026 | Price Decreased |
$959,900
↓ $30K
(3%) | |
| Price Decreased | |||
| May 13, 2026 | Listed by Imperial Realty Properties | $989,900 | |
| Listed by Imperial Realty Properties | |||
| Nov 30, 2024 | Listed | $325,000 | |
| Listed | |||
| | |||
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Unique opportunity. Lift this home and renovate or knock down. Owner has plans for a 3100 sq. ft. home that will have city and water views. Home sits on a 125x100 lot on a dead end street . This home comes complete with foundation and architectural plans. Four bedrooms with two ensuites and one bedroom overlooking water and city. Open floor plan with kitchen and living room area (50x18) Upstairs laundry room. Three car garage and basement area with over 2000 sq. ft.
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| May 10, 2024 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017