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700 Avenue C
About This Property
On the ground floor, you will find the spacious master bedroom suite, which boasts a large walk-in closet and en suite bathroom, a fireplace and doors that open up to a patio for indoor-outdoor living. There are three more generously sized bedrooms on the ground floor (two with en suite bathrooms) as well as a fifth bathroom and laundry room. Other features include Nest 2-zone temperature control, 10' ceilings throughout, a total of five outdoor living spaces, three fireplaces, a dumbwaiter and a butler's pantry off the kitchen. Walk to the beach, restaurants, cafes and shops of the trendy Riviera Village, and enjoy all that this neighborhood and family community have to offer.
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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 |
|---|---|---|---|
| Feb 4, 2025 | Sold | ||
| Sold | |||
| Dec 26, 2024 | No longer available | - | |
| No longer available | |||
| Nov 1, 2024 | Price Decreased |
$3,789,000
↓ $61K
(1.6%) | |
| Price Decreased | |||
| Oct 7, 2024 | Relisted | $3,850,000 | |
| Relisted | |||
| Oct 6, 2024 | No longer available | - | |
| No longer available | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017