624 Second 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 |
|---|---|---|---|
| Sep 18, 2025 | Sold | ||
| Sold | |||
| Jul 25, 2025 | Listed by Badger Peabody & Smith Realty | $243,900 | |
| Listed by Badger Peabody & Smith Realty | |||
| | |||
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This well maintained 4 bedroom home exhibits a vast amount of charm throughout the house. A lot of work has been done in recent years, with a roof approximately 12 years, most windows and heating system replaced approximately in the last 9, some newer baseboards upstairs and a half bath (that is pending completion) on the second floor. On the first level there is a welcoming foyer, dining room, full bathroom, bedroom, spacious kitchen with a laundry room/pantry, and a convenient bonus room. When reaching the upstairs platform, you will be greeted by corner windows that provide plenty of natural light during those sunny days and a great view of surrounding areas and mountain views. The second level also boasts hardwood floors through its 3 bedrooms and a half bath, currently pending completion. Additionally this home rests comfortably on a .23 acre corner parcel with numerous trees surrounding to assist in maintaining some privacy and shade and also providing good views. Other excellent features include a detached 2 car garage, very convenient and large workshop/storage area accessed from the side yard and 200 amp circuit breakers.
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| Apr 21, 2009 | Sold | ||
| Sold | |||
| Oct 14, 2008 | Listed | $34,900 | |
| Listed | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017