1040 Kearney St
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%.
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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.
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 |
|---|---|---|---|
| Jun 14, 2024 | Sold | ||
| Sold | |||
| May 20, 2024 | In contract | - | |
| In contract | |||
| May 2, 2024 | Listed by Nash & Company | $857,500 | |
| Listed by Nash & Company | |||
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Get ready to be surprised by this home! With more than 1,500 sqft on the main floor, this home is bigger than the typical home in this neighborhood, let alone at this price. Seller has made recent upgrades that will certainly impress. New lighting, paint and newly refinished hardwood floors have breathed new life into this gorgeous home. It has an enviable large kitchen with wood cabinetry, soft-close drawers and blow your mind chef-quality appliances, including Wolf gas range/oven, Dacor refrigerator, Dacor built-in microwave, and Bosch dishwasher. The storage in the kitchen is impressive with under cabinet lighting and the solid surface granite countertops pull the whole space together. Off the kitchen there is an eating nook and steps down into an added flex space: think family room, library or other room to suit your needs. With vaulted ceilings, exposed beams, wood burning fireplace, built-in shelves and large window to the backyard, it will be a favorite hangout spot. The main floor also has an oversized living/dining area with gas fireplace, two bedrooms and main floor bath. The over 9,000 sqft yard boasts mature landscaping with blooming trees, tulips and other perennials to delight your inner gardener. Sprinkler systems too! The basement has retro wood paneling, paired with new vinyl plank flooring, updated full bathroom and two bedrooms (non-conforming). The basement is very usable as is or the new owner could look into the feasibility of opening up a wall to create a larger recreational space. The home has two HVAC systems for added efficiency that have been pristinely cared for with regular maintenance. Located in the heart of Mayfair, this home is walkable to Jersey Street Shoppette at 10th and Jersey with restaurant, coffee shop, barber, nail salon, and yoga studio. 9th+Co, Trader Joes, King Soopers, Safeway, etc are within 5 minute drive. Mayfair Park is a favorite gathering spot with playground and annual Concert in the Park by the Colorado Symphony.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017