23
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699 98th Avenue N
About This Property
The open floor plan showcases elegant wood plank floors, tray ceilings, and custom finishes throughout. A chef?s dream kitchen is equipped with GE stainless steel appliances, granite countertops, and rich cabinetry. The layout includes both a casual breakfast nook and a formal dining area with a built-in wet bar.
The open living area transitions effortlessly to your private backyard retreat. The screened-in lanai features a covered lounge with a TV, a full outdoor kitchen with a built-in gas grill, and a heated pool with a soothing water feature.
Upstairs, the expansive owner?s suite is a true sanctuary, complete with two walk-in closets and a spa-like en-suite bathroom. For guests or family, two private bedrooms are conveniently located on the main floor. Additional features include impact doors and windows, a central vacuum, a security system, and a location in the low-risk FEMA flood zone X.
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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 1, 2026 | Price Decreased |
$1,499,000
↓ $50K
(3.2%) | |
| Price Decreased | |||
| May 22, 2026 | Price Decreased |
$1,549,000
↓ $50K
(3.1%) | |
| Price Decreased | |||
| Oct 21, 2025 | Listed by ENGEL & VOELKERS NAPLES | $1,599,000 | |
| Listed by ENGEL & VOELKERS NAPLES | |||
| Oct 13, 2025 | No longer available | - | |
| No longer available | |||
| May 13, 2025 | Withdrawn | - | |
| Withdrawn | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017