615 Avenue L
About This Property
An enclosed sunroom adds living space & connects the main house to the guest house. The guest house is equally as impressive with 2 BR & 2 Baths, large living area & full kitchen with quartz countertops, stackable washer/dryer & pergo floors. 3 car garage, metal roof, whole house generator, water purifier, tankless water heater. A must see!
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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 |
|---|---|---|---|
| May 29, 2025 | Sold | ||
| Sold | |||
| Apr 14, 2025 | In contract | - | |
| In contract | |||
| Jan 7, 2025 | Listed by KJ Platinum Properties LLC | $900,000 | |
| Listed by KJ Platinum Properties LLC | |||
| May 6, 2022 | Sold | ||
| Sold | |||
| Mar 14, 2022 | Listed by Sand N Sea Properties, LLC | $849,000 | |
| Listed by Sand N Sea Properties, LLC | |||
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Stunning upgrades, decorators touches and tranquility best describe this property. Nestled in a piney section of Galveston county, this property is 2 separate houses w a pool all on one parcel. The main house has a separate formal dining room, breakfast area & upstairs media room with soaring ceilings that could be converted to a 4th bedroom. The MH kitchen has an oversized quartz island,all ss Kitchenaid appliances, double convection oven and 6 burner stove,undercounter microwave, soft close drawers, country sink,French door refrigerator, pendant lighting and subway tile to the ceiling. Expansive living area distinguished by stacked molding,fireplace & numerous French doors that provide views of the pool and back yard. Large quartz buffet, separate wine closet, engineered hardwood flooring. Primary bedroom enhanced by luxurious bathroom incl jetted tub, double vanity and RH fixtures. Oversized closet, pulldown racks and ample drawers.
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About Dickinson
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017