10159 Olive Street
About This Property
This meticulously maintained two-story home offers modern luxury, abundant space, and unbeatable privacy. Set on a serene lot with a charming circular driveway, the home welcomes you with a private front yard perfect for relaxation or entertaining.
Inside, you'll find soaring 9-foot ceilings with two story foyer that create an airy, open atmosphere. The second level boasts cozy a loft, a luxurious master suite, complete with an en-suite full bath featuring dual vanities, a separate shower, bathtub, and a private toilet room. The expansive walk-in closet is perfect for all your wardrobe needs. Two additional well-sized bedrooms each has a beautifully appointed bathroom for added convenience.
The first level offers flexible living spaces, including a 3/4 bathroom, dedicated office and a workroom, both of which can easily be used as 4th and 5th bedroom if desired. The spacious layout also includes a formal living room, a cozy family room, and a formal dining room-perfect for gatherings. The open-concept kitchen is a chef's dream, complemented by an additional enclosed small kitchen for more specialized cooking needs.
Adding to the home's charm, the backyard includes a small secondary house, which was once a legal back house. While the city has reclassified it as a shed after the main house was built, this space offers potential for various uses with all original equipment inside. The large professional landscaped backyard offers a built-in BBQ, many fruit trees, palm trees and room for a pool. This home will not stay for long. Be quick to take it yours before it is gone!
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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 |
|---|---|---|---|
| Nov 15, 2024 | Sold | ||
| Sold | |||
| Oct 27, 2024 | In contract | - | |
| In contract | |||
| Sep 28, 2024 | Listed by REMAX MY HOME | $1,799,000 | |
| Listed by REMAX MY HOME | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017