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Map
6198 Aires Avenue
About This Property
Featuring a solid slab foundation, and a vacant interior ready for renovation, this property will be great for savvy investors looking to unlock serious value.
Whether you're flipping or holding, this one check all the boxes: location, layout, lot size, and upside. Homes with this much potential don't last long especial
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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 |
|---|---|---|---|
| Dec 2, 2025 | Sold | ||
| Sold | |||
| Oct 29, 2025 | In contract | - | |
| In contract | |||
| Oct 16, 2025 | Price Decreased |
$339,900
↓ $5K
(1.5%) | |
| Price Decreased | |||
| Aug 17, 2025 | Listed by In The Home Zone Realty | $345,000 | |
| Listed by In The Home Zone Realty | |||
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Priced to sell fast! New roof coming. Two Master bedrooms! Corner lot and a Huge 600 sqft garage! This home has transformed into a real nice house. Kitchen, bathrooms, flooring and the yard have been upgraded. Thier is still some work going on. The septic system is on order and will be installed soon. The system will be in the front of the house so you can have the big yard for the kids to play or workshop.
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| May 29, 2025 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017