1 Knollwood Road
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 10, 2026 | Sold | ||
| Sold | |||
| Mar 15, 2026 | In contract | - | |
| In contract | |||
| Mar 11, 2026 | Price Decreased |
$1,135,000
↓ $64K
(5.3%) | |
| Price Decreased | |||
| Jan 22, 2026 | Price Decreased |
$1,199,000
↓ $51K
(4.1%) | |
| Price Decreased | |||
| Jan 6, 2026 | Listed by Douglas Elliman Real Estate - Park Plaza | $1,250,000 | |
| Listed by Douglas Elliman Real Estate - Park Plaza | |||
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Step into this California-style beach house stone's throw from Salem Harbor, where airy 9-foot ceilings and an open layout create the ideal setting for effortless entertaining. The chef’s kitchen and living room share tranquil Harbor views that bring a calm, coastal elegance to everyday living. The first-floor primary offers easy living with a walk-in closet and adjacent tiled bathroom highlighted by dramatic ceiling height. A bright second bedroom completes the main level, flowing seamlessly off the central living spaces. Downstairs, a spacious second living room with a picture window anchors the lower level, along with a third bedroom featuring its own walk-in closet and a full tile bathroom. A home office area, laundry room, and custom built-in mudroom offer convenience and functionality, with direct access to parking—perfect for quick comings and goings. Outside, relax on your private paver patio and enjoy the saltwater breeze all summer long. This Harbor-side gem checks every box!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017