6401 229A County Road NW
About This Property
While the interior requires a full renovation, the solid bones provide a strong starting point. Currently configured as a 4-bedroom, 1-bathroom home, it could easily be converted to a 3-bedroom, 2-bathroom layout for added functionality.
The property will be vacant and cleared of personal belongings prior to closing, giving you a blank slate to create your vision.
If you're seeking a property with unbeatable land value and key exterior updates already done, this is your chance! Schedule your showing today.
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Cap Rate Calculator
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 12, 2025 | Sold | ||
| Sold | |||
| May 6, 2025 | In contract | - | |
| In contract | |||
| Apr 17, 2025 | Price Decreased |
$139,900
↓ $10K
(6.7%) | |
| Price Decreased | |||
| Apr 7, 2025 | Price Decreased |
$149,900
↓ $20K
(11.8%) | |
| Price Decreased | |||
| Apr 3, 2025 | Price Decreased |
$169,900
↓ $5K
(2.9%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017