54 W 2nd Street
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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 |
|---|---|---|---|
| Apr 28, 2026 | Sold | ||
| Sold | |||
| Jan 26, 2026 | In contract | - | |
| In contract | |||
| Jan 13, 2026 | Listed by Keller Williams Points North | $814,999 | |
| Listed by Keller Williams Points North | |||
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What A Gem of a Home! Far From A Cookie Cutter or Typical Cape As This Waterfront Beauty Has An Amazing Flow! Wide Open Floor Plan, Huge/Beautiful Kitchen w/Oversized Center Island (Neutral Tile Flooring), Tons of Cabinets & Countertop (Granite) Space! Gorgeous Hardwood Floors Throughout (Except Kitchen, Bathrooms and Family Room), Sunk In Family Room (Wide Plank Vinyl Flooring) with Wood Burning Fireplace. Natural Gas (Cooking and Heat), Radiant Heat in Kitchen & Family Room. New Boiler Installed in 2022, Tankless HW Heater, Cedar Tek Siding 2015. Generous Size Bedrooms. The Second Floor has 8ft Ceilings, Primary Ensuite is Incredible! Beautiful Primary Bath with Separate Tub and Shower! and the Most Magnificent Part is the Enormous Walk in Closet with Washer and Dryer. Backyard entrance fence is new (2021) with double doors opening to backyard. It's a WOW factor Indeed. Please see the Short Video in Photos. Generous, Flat Yard space. Whether You are a Boater or You Jet ski, or Both. There is Plenty of Space in the Water for All of Your Water Toys. 77 Feet of Bulkhead on the Canal,, Right in Your Backyard. Lifestyle Doesn't Get Much Better!
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| Sep 18, 2019 | Sold | ||
| Sold | |||
| Jul 24, 2019 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017