618 & 614 I Ave
About This Property
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| Nov 5, 2024 | Sold | ||
| Sold | |||
| Oct 7, 2024 | In contract | - | |
| In contract | |||
| Sep 25, 2024 | In contract | - | |
| In contract | |||
| Aug 11, 2024 | Listed by Owen Properties | $3,298,000 | |
| Listed by Owen Properties | |||
| | |||
|
Seize the chance to own this unique property featuring not one but two beautifully remodeled single-story homes. Perfectly situated to maximize both comfort and convenience, the main home invites you in with 3 bedrooms & 3 bathrooms, offering space for your family to grow and thrive. Imagine relaxing on the charming front porch, where you can soak in the warmth of long summer days or unwind in the peaceful serenity of the evening. The second home, with 2 bedrooms and 1 bath, presents endless possibilities—whether you’re looking for rental income, a cozy in-law suite, or a private retreat for guests. This home offers its own private space and grilling area, ensuring privacy and comfort for all. Both homes have been thoughtfully updated with extensive remodeling, so all you need to do is move in and enjoy. With the added benefit of solar panels, you'll enjoy maximum energy efficiency & low utility costs. And the location? It couldn’t be better. Just a short walk or bike ride away, you’ll find top-rated schools, beautiful beaches & parks, and the local library, making it a breeze to enjoy everything the "Coronado Village" offers. Don’t miss out on this rare opportunity to own two versatile, and comfortable homes in a prime location.
| |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017