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1 Southern Drive
About This Property
Elevate your dining experience in the formal dining room graced by a wood fireplace. Cozy up in the living room adorned with a gas fireplace. Descend to a fully finished walk-out basement, where a family room, bar, potential 4th bedroom and exercise area await. Indulge in the luxury of a five-person steam room and shower combo in basement as well. Venture outside to a secluded pool area, complete with a bar, satellite TV, and refrigerator.
To explore this rare gem book a showing, times are very restricted.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jul 12, 2024 | Sold | ||
| Sold | |||
| Jun 10, 2024 | In contract | - | |
| In contract | |||
| May 28, 2024 | Listed by Core Real Estate Team | $435,000 | |
| Listed by Core Real Estate Team | |||
| Jul 30, 2017 | Listed | $297,000 | |
| Listed | |||
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A RARE FIND! FULL FINISHED WALK OUT BASEMENT WITH FAMILY ROOM, BAR, GAME ROOM(OR 4TH BEDROOM)) AND EXERCISE AREA PLUS A FIVE PERSON STEAM RM WITH FULL SHOWER COMBO. FORMAL DINING ROOM W/FIREPLACE (WOOD),GAS FIREPLACE IN LIVING ROOM.SEPARATE FENCED POOL AREA WITH BAR, SATELLITE TV,REFRIGERATOR.HARDWOODS AND CERAMIC TILE THROUGHOUT. SELLER WILL LEAVE DINING ROOM TABLE AND CHAIRS, EXERCISE EQUIPMENT AND POOL TABLE. All showings through listing agent. Weekend showings must be confirmed the Thursday before.The manager has listed the unit size as 1416 square feet.
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| Nov 29, 1995 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017