620 W 232nd Street
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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 |
|---|---|---|---|
| Jan 29, 2024 | Sold | ||
| Sold | |||
| May 31, 2022 | Listed by Douglas Elliman Real Estate | $1,290,000 | |
| Listed by Douglas Elliman Real Estate | |||
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Price Drop! AO as of 11/19/2023! A modern, corner house in downtown Riverdale offers all the comforts of home. This lovely corner property is set back from side walk behind a wood fence. Enter through a beautiful garden walkway to the front door. There's a elegant, mirrored parlor bath, and sunken living room with a fireplace on the right. The luxurious dining room and kitchen with top- of- the- line appliances are to the left. A center-hall staircase leads to a second level with 3 spacious beautiful bedroom and baths suites. Chimney is new. Gutters are new. Boiler is 2 1/2 years old. Roof is 2-years old. Enjoy lots of closets and storage spaces. From one of the upstairs bedrooms, walk out to an amazing roof patio above the 2-car garage with off-street parking that's great for relaxing and entertaining. A closed glass breezeway and finished basement apartment are generous in size. Features above-ground pool, ceramic & hard wood floors, new roof, new boiler and large hot water heater. Close to food stores, restaurants, shops, schools, Henry Hudson Parkway, public transportation to NYC, near Metro North.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017