622 Pike Avenue
About This Property
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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 |
|---|---|---|---|
| Jun 12, 2025 | Sold | ||
| Sold | |||
| May 19, 2025 | In contract | - | |
| In contract | |||
| May 8, 2025 | Relisted | $449,000 | |
| Relisted | |||
| May 5, 2025 | In contract | - | |
| In contract | |||
| Apr 25, 2025 | Listed | $579,000 | |
| Listed | |||
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Built in 1960 and designed by local architect August "Augi" Schaefer, this gem of a home has been lovingly maintained. The open floorplan aligns with today's modern living, and the brick fireplace & hardwood floors add warm texture to the space. The primary bedroom features an en suite bath, and the two guest bedrooms share a full bath off the main hallway. The lower level has a finished family room with walk-out access, an office/bedroom, laundry & storage.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017