824 W CENTRAL AVE
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 |
|---|---|---|---|
| Apr 30, 2026 | Listed by eXp Realty, LLC | $800,000 | |
| Listed by eXp Realty, LLC | |||
| Oct 15, 2024 | Listed | $930,000 | |
| Listed | |||
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Beautiful country home on 4.9 acres w/1-bed ADU! Main house boasts 5 beds/3 baths, pool, spa, 3 covered porches & a circular drive. The separate 1-bed, 1,200-square-foot ADU offers addl living space & flexibility. Inside, enjoy an open kitchen, a spacious great room w/wood stove & custom pine treatments that add warmth & character. Conveniently located just 20 miles from Detroit Lake, 30 miles to Salem, close to ElkHorn Golf Course. High-speed internet, oversized finished garage, heated shop. Lot is dividable per city. A Must-See!
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| Oct 4, 2022 | No longer available | - | |
| No longer available | |||
| Aug 10, 2022 | Price Decreased |
$970,000
↓ $20K
(2%) | |
| Price Decreased | |||
| Jun 24, 2022 | Listed by CASCADE SOTHEBY'S INTERNATIONAL REALTY | $990,000 | |
| Listed by CASCADE SOTHEBY'S INTERNATIONAL REALTY | |||
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Beautiful custom country home on 4.9 acres. Main house 5 BR / 3 BA, pool, spa, 3 covered porches, and circular drive. Separate cottage is 1200 sf. Total living space: 6 BR / 4 BA and 3400 sf. Open kitchen, large great room, propane fireplaces, custom pine treatments - fantastic ambiance. Only 20 miles to Detroit Lake, 30 miles to Salem, 5 miles to the ElkHorn Golf Course. High speed internet, oversized finished garage, heated shop. Don't miss this one, must see! The manager has listed the unit size as 2238 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017