115 Birklands Drive
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 |
|---|---|---|---|
| Mar 20, 2025 | Sold | ||
| Sold | |||
| Feb 16, 2025 | In contract | - | |
| In contract | |||
| Feb 11, 2025 | Price Decreased |
$1,595,000
↓ $100K
(5.9%) | |
| Price Decreased | |||
| Jan 26, 2025 | Listed by Corcoran DeRonja Real Estate | $1,695,000 | |
| Listed by Corcoran DeRonja Real Estate | |||
| | |||
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If Elegance and Quality are what you're seeking, this meticulously renovated home (completed in 2020 by Jay Summers Design Build) showcases over $750,000 in updates in the highly desired Birkhaven section of Lochmere, blending modern luxury with thoughtful details. Designed for abundant natural light, it has extensive custom carpentry casework, lightwork, and premium finishes throughout. The 5 well sized bedrooms, plus 2 home offices and a large bonus room, make this home a true standalone.
Highlights include:
A gardener's dream backyard with a drip irrigation system, rain gauges, handmade copper post and porch lights, a formal cutting rose garden, hand-laid brick walkways, an aluminum-fenced yard with 5 gates and firepit for entertaining.
A custom mahogany and glass front door welcomes you into the heart of the home.
The stunning kitchen boasts Thermador appliances, a coffee bar with hand-painted porcelain tile backsplash. All new premium grade windows, interior and exterior doors and roof. Every closet, and the spacious garage, is outfitted with California Closet Systems. Energy efficient upgrades: tankless water heater, sealed crawl space, new electrical, plumbing and HVAC systems, and climate-controlled walk-in attic storage. Relax in many rooms overlooking beautiful hardwoods and rolling topography. Along with all of the community amenities included with this home, Jack Smith Park is less a mile away with splashground, playground, dog park, trails, etc. This is more than a home, it's a masterpiece in an ideal location!
Schedule your private showing today to view and enjoy this home's beauty and luxury.
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| Sep 22, 2017 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017