1001 Neon Forest Cir
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 |
|---|---|---|---|
| Nov 4, 2024 | Sold | ||
| Sold | |||
| Nov 1, 2024 | In contract | - | |
| In contract | |||
| Oct 2, 2024 | Listed by Linda Keseric | $1,450,000 | |
| Listed by Linda Keseric | |||
| Sep 6, 2024 | Listed | $1,500,000 | |
| Listed | |||
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Sitting on an oversized lot in the heart of Prospect New Town, this modern home blends seamlessly into the tree-lined streets of this idyllic, award-winning community. The property offers the unique opportunity to own two homes in one, featuring a spacious main house and a fabulous carriage house (ADU). Whether used for rental income, a home office, or guest quarters, this ADU adds unmatched flexibility.The main home boasts newly polished concrete floors, fresh paint, and brand-new light fixtures throughout. The kitchen has been lightly remodeled with stylish new cabinets, offering plenty of storage and an open flow into the dining and living areas, ideal for gatherings and everyday living. Large windows flood the space with natural light, while the private yard provides a perfect setting for al fresco dining and relaxation.The detached carriage house offers its own living space, complete with a kitchen, bedroom, bath & laundry. It's perfect for guests, in-laws, or even as a luxurious office or rental unit. With its separate entrance, it offers privacy and independence while complementing the modern design of the main home.Living in Prospect New Town means being part of a vibrant community, known for its mix of modern architecture, walkable streets, and close-knit atmosphere. Enjoy nearby cafes, restaurants, and parks, all within walking distance.
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| Jun 6, 2024 | Listed | $1,500,000 | |
| Listed | |||
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Sitting on an oversized lot in the beautiful, award-winning Prospect New Town this home seamlessly blends in amongst tree-lined streets in an idyllic neighborhoodRare opportunity to own two units in one. This spacious, modern 4 bedroom home includes a detached "carriage house" apartment above the garage! Use it for rental income, a luxurious home office or for guest, in-law or au pair quarters. An open and bright layout is accentuated by unique design features, highlighted by angled walls and high ceilings. Wide windows bathe the home in natural light, enhancing the spacious interior wrapped in fresh wall color. The main living area revolves around the modernized two-sided fireplace providing a dramatic centerpiece as well as pleasant ambiance. The recently updated kitchen is a chef's delight, equipped with top-of-the-line appliances, new countertops + ample cabinet space. Ascend to the upper level to discover three generously proportioned bedrooms, each enhanced by lofty ceilings and expansive windows. A stunning primary suite boasts built-in cabinetry, vaulted ceilings and a spa-like bath adorned w/ a luxurious walk-in shower, and jetted tub for ultimate relaxation. Downstairs, a spacious finished basement beams w/ brightness from egress windows. Outdoor enthusiasts delight in a fenced-in backyard, outdoor courtyard w/ turf and two private patios - the perfect setting for entertaining or relaxing. A carriage house offers flexible live/work options. Use it as a rental unit for additional income or as a spacious guest space for visiting family and friends. This home truly has it all - modern updates, luxurious amenities, and plenty of space both indoor and out. Located on a former 80-acre tree farm, Prospect New Town was designed for people who want the best of city living with a small town attitude. Enjoy diverse architecture, walk to local restaurants, and get to know your neighbors through weekly community events and gatherings.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017