625 Park 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 |
|---|---|---|---|
| Oct 21, 2021 | Sold | ||
| Sold | |||
| Aug 8, 2021 | Listed by Coldwell Banker Real Estate Group | $285,000 | |
| Listed by Coldwell Banker Real Estate Group | |||
| Aug 1, 2019 | No longer available | - | |
| No longer available | |||
| Jun 15, 2019 | Price Decreased |
$255,000
↓ $14K
(5.2%) | |
| Price Decreased | |||
| May 16, 2019 | Listed | $269,000 | |
| Listed | |||
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Get your piece of the Ellwood Historic Neighborhood in this sprawling mid-century modern custom-built brick ranch with a fabulous park setting perfect for gatherings! Since 2011 many updates stay true to the era and yet modernize daily living: New roof, tasteful checkered floor throughout the kitchen and family room, newer Corian counters, Samsung appliances and a custom bench eating space with storage. Wood plank ceramic tile spreads across the vast dining and living room with panoramic views of this large .73 acre mature lot with garden space and new 30x18 pavilion with picnic bench, electric and running water. Stay close to little ones hanging out in the "book nook" while you enjoy the 1 of the 3 wood-burning fireplaces. Relax in the sunroom filled with natural light by the full walls of windows. 2 zone heating/AC! The partially finished basement with a fireplace of its own adds to the already over 2,000 square feet you enjoy upstairs. INSTANT EQUITY... Priced 15k BELOW appraisal! The manager has listed the unit size as 2396 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017