46 Central Avenue #2
About This Property
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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%.
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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 7, 2026 | Sold | ||
| Sold | |||
| Jul 7, 2026 | In contract | - | |
| In contract | |||
| Jun 10, 2026 | Listed by Keller Williams Realty - Merrimack | $324,900 | |
| Listed by Keller Williams Realty - Merrimack | |||
| |||
|
Enjoy the perfect blend of charm, character, & convenience in this sun-filled 2 bedroom half duplex w/ NO condo fee! Privately set w/ its own upper-level backyard & deck, this unique property offers a welcoming foyer/mudroom wrapped in windows—could make for a cozy sitting room or sunroom. The kitchen features white cabinetry, stainless steel appliances, & a charming brick accent wall, flowing seamlessly into the open-concept living & dining area w/ hardwood floors, a fireplace, & abundant natural light. Down the hall, you'll find two bedrooms & a beautifully updated full bath showcasing a custom river rock tiled walk-in shower w/ mosaic accents & a custom glass window. Outside, enjoy a spacious driveway, a distinctive backyard, & a shed w/ a new roof installed in 2024. Conveniently located in a walkable neighborhood near restaurants, public transportation, commuter routes, Sandy Pond, & countless outdoor recreation opportunities.
| |||
| May 6, 2024 | Sold | ||
| Sold | |||
| Mar 2, 2024 | In contract | - | |
| In contract | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
02/22/2024
|
Loft
|
1 Bath
|
900 ft²
|
$285,000
Loft
1 Bath
900 ft²
|
$291,000
+2.11%
05/06/2024
|
Cheryl Cowley
Cowley Associates
| |
|
11/26/2020
|
2 Bed
|
1 Bath
|
855 ft²
|
$185,000
2 Bed
1 Bath
855 ft²
|
$192,500
+4.05%
01/22/2021
|
Karen Bottenhorn
Cowley Associates
| |
|
01/25/2017
|
2 Bed
|
1 Bath
|
664 ft²
|
$110,000
2 Bed
1 Bath
664 ft²
|
$111,000
+0.91%
02/22/2017
|
Michelle Walker
Redfin Corp.
| |
|
11/01/2011
|
2 Bed
|
1 Bath
|
855 ft²
|
$59,900
2 Bed
1 Bath
855 ft²
|
$59,900
08/06/2012
|
Eileen Griffin Wright
Keller Williams Realty North Central
| |
|
06/08/2010
|
2 Bed
|
1 Bath
|
900 ft²
|
$199,900
2 Bed
1 Bath
900 ft²
|
-
-
|
Maryanne Randall
Barrett Sotheby's International Realty
| |
|
10/02/2007
|
2 Bed
|
1 Bath
|
664 ft²
|
$119,900
2 Bed
1 Bath
664 ft²
|
$107,000
-10.76%
03/14/2008
|
TEAM MEMBER
Village Properties
| |
|
11/14/2006
|
2 Bed
|
1 Bath
|
900 ft²
|
$179,500
2 Bed
1 Bath
900 ft²
|
$179,500
01/29/2007
|
George Stefanakos
#1 Realty Group
| |
|
07/27/2004
| |
4 Bed
|
2 Bath
|
1728 ft²
|
$229,900
4 Bed
2 Bath
1728 ft²
|
$205,000
-10.83%
11/30/2004
|
Yannis Tsitsas
#1 Realty Group
|
|
08/02/1995
| |
4 Bed
|
-
|
1728 ft²
|
$69,900
4 Bed
-
1728 ft²
|
$65,000
-7.01%
11/20/1995
|
William Newsham
Harvard Realty
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017