948 NE 23rd Terrace
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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%.
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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.
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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 14, 2025 | Sold | ||
| Sold | |||
| Jan 14, 2025 | In contract | - | |
| In contract | |||
| Dec 12, 2024 | Price Decreased |
$619,900
↓ $4K
(0.7%) | |
| Price Decreased | |||
| Nov 9, 2024 | Price Decreased |
$624,000
↓ $15K
(2.4%) | |
| Price Decreased | |||
| Oct 11, 2024 | Listed by REDFIN CORPORATION | $639,000 | |
| Listed by REDFIN CORPORATION | |||
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This stunning, fully renovated 3-bedroom, 2-bathroom home is located on a cul-de-sac. The home features an open floor plan, allowing an abundance of natural light. The gourmet kitchen showcases custom cherry cabinetry, granite countertops, a stylish tile backsplash, and all stainless steel appliances, including a double sink. The new custom vinyl flooring throughout the home adds a sleek and contemporary touch, while the separate laundry room adds convenience. Full impact doors and windows not only enhance the home's safety but also contribute to energy efficiency, helping reduce insurance and cooling costs. Home has central a/c and mini splits to further save energy!
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About Beachway Estates
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$6,500 /mo
- 3 Beds
- 2 Baths
- 1,388 ft²
$5,000 /mo
- 2 Beds
- 2 Baths
- 933 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017