1121 Nicholson Street
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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.
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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 15, 2021 | Sold | ||
| Sold | |||
| Mar 4, 2021 | Listed by BHGRE Gary Greene | $969,900 | |
| Listed by BHGRE Gary Greene | |||
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Nestled in the prime locale of the Heights, 1121 Nicholson Street is for the discerning homeowner. The home integrates classic French Quarter architecture with contemporary design & touches of historical Americana. Custom designed kitchen feat. oversized Carrera marble island, reclaimed wood, & Thermador appliances connect by a butler's pantry to the stately dining room w/ custom drapery & French Doors. Kitchen is open to family room w/ gas fireplace & wine cellar. Living expands through French Doors to covered patio w/ built-in gas grill & views of landscaped yard. Master bedroom up plus 2 add'l bedrooms w/ Jack & Jill bath, extra closet storage, and office w/ built-in shelving. Luxurious master bath, adorned w/ polished marble, stained glass, & access to master closet w/ custom built-ins. Valuable improvements incl. upgraded HVAC for whole-house comfort & humidity control. Remodeled apartment above 2 car garage incl. kitchen & full bath, providing options for add'l space or revenue.
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| Aug 6, 2019 | No longer available | - | |
| No longer available | |||
| Jun 27, 2019 | Listed by Keller Williams - Houston Memorial | $909,000 | |
| Listed by Keller Williams - Houston Memorial | |||
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Are you looking for a masterfully crafted home with an open floor plan, outdoor space & garage apartment? Welcome to 1121 Nicholson where casual elegance awaits with outstanding architectural details, moldings & hardwoods throughout. The front door, from a sugar plantation, is just one of the unique details integrating past & present. Fabulous floor plan designed for entertaining.The kitchen showcases an oversized island with reclaimed wood, gas cooktop, double ovens, built-in fridge, marble counters, walk-in pantry & wine room! Spacious formal dining with butlers pantry.Gracious master suite with private balcony. Master bath is the perfect space to unwind with its soaking tub, separate shower, dual marble vanities & walk-in closet. Upstairs study & secondary bedrooms complete the main house. Beyond the large covered patio & landscaped yard is the stylish garage apartment with kitchen & full bath. Ideal location for everything Heights, Hike and Bike Trail & restaurants. Truly special! The manager has listed the unit size as 2704 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017