28
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620 22nd Avenue NW
About This Property
From the moment you step inside, the quality is unmistakable. Soaring vaulted ceilings, a wood-burning fireplace, true porcelain tile flooring throughout, and solid-core interior doors create a warm, sophisticated living space that feels both refined and inviting. Every detail of the renovation was thoughtfully executed with an emphasis on craftsmanship, durability, and timeless style.
The custom-designed kitchen is the centerpiece of the home, showcasing solid wood birch and white oak soft-close cabinetry, a farmhouse sink, premium fixtures, a pot filler, brand new Kitchen-Aid appliances, and an open layout that flows effortlessly into the main living areas. Designed for both everyday living and entertaining, it's a space where beauty and function come together seamlessly.
The primary suite offers a true spa-like retreat, featuring an oversized 4-by-8-foot walk-in shower and premium Moen fixtures that continue throughout the home. Every finish was selected to create a sense of comfort, quality, and understated luxury.
Outside, the screened pool enclosure provides the perfect setting for relaxing or entertaining year-round. Mature vegetation along the front of the property creates exceptional privacy, while the cleared backyard offers endless flexibility for recreation, gardening, additional outdoor amenities, or simply enjoying the open space. The fully fenced 2.5-acre homesite also includes an attached two-car garage and a permitted covered carport, providing abundant room for vehicles, boats, trailers, and recreational equipment.
Beyond the stunning cosmetic renovation, the home offers the confidence of Hardie Board siding, a 2019 roof, a 2018 A/C system, a 2024 water heater, and an updated electrical panel completed in 2026. Every major investment has already been made, allowing the next owner to simply move in and enjoy.
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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 |
|---|---|---|---|
| Sep 3, 2026 | Sold | ||
| Sold | |||
| Aug 11, 2026 | In contract | - | |
| In contract | |||
| Jul 26, 2026 | Price Decreased |
$649,000
↓ $30K
(4.4%) | |
| Price Decreased | |||
| Jul 9, 2026 | Listed by Premiere Plus Realty Company | $679,000 | |
| Listed by Premiere Plus Realty Company | |||
| May 6, 2004 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017