624 ILLINOIS AVENUE
About This Property
Step inside to discover a bright, modern interior featuring luxury vinyl plank flooring throughout, recessed lighting, and a stunning new kitchen complete with quartz countertops, sleek cabinetry, and stainless-steel appliances. The spacious primary bedroom, energy-efficient ductless mini-split HVAC system in rooms, fully renovated kitchen and bath showcases stylish finishes and all-new plumbing. No HOA!
Major system upgrades provide added peace of mind, including a new roof, updated electrical, and a new tankless water heater for improved energy efficiency. The generous corner lot offers plenty of outdoor space with room to relax, entertain, or personalize to suit your lifestyle. The home includes a car port and has white vinyl fencing (with a little under 10' in the back that is not fenced in- large lot 150x50').
With quality updates throughout and a fantastic location, this turnkey home is ready for its next owner. Don't miss your opportunity to make it yours-schedule your private showing today!
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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 25, 2026 | In contract | - | |
| In contract | |||
| Sep 9, 2026 | Price Decreased |
$245,000
↓ $25K
(9.3%) | |
| Price Decreased | |||
| Aug 31, 2026 | Price Decreased |
$270,000
↓ $10K
(3.6%) | |
| Price Decreased | |||
| Jul 29, 2026 | Listed by PROPERTIES IN TOWN | $280,000 | |
| Listed by PROPERTIES IN TOWN | |||
| May 9, 2025 | Sold | ||
| Sold | |||
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About St. Cloud
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017