1237 W Pierce 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 |
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| Nov 27, 2024 | Sold | ||
| Sold | |||
| Oct 9, 2024 | In contract | - | |
| In contract | |||
| Oct 1, 2024 | Listed by Martha Turner Sotheby's International Realty | $849,000 | |
| Listed by Martha Turner Sotheby's International Realty | |||
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This stunning 3-story patio home, located near the prestigious River Oaks Shopping District, offers the perfect blend of luxury & convenience, plus easy access to high-end restaurants, shopping, & more! *Since purchasing in 2022, the current owners have invested over $100K in premium updates. Areas to note: The 1st floor welcomes you with hardwood floors in the foyer & expansive bedroom/study + refinished hardwoods in addl. living areas. Outside, the backyard has been transformed into an entertainer’s dream w/ custom landscaping & a beautiful pergola. The spacious island kitchen features over $10K in replaced high-end appliances, + a beautiful extended countertop & replaced kitchen backsplash! The primary bathroom has been remodeled adding a luxurious freestanding soaking tub, updated vanity tops, new tile work, lighting, fixtures, & features a huge walk-in closet. Recent interior paint + many more upgrades make this home ready to welcome it’s new owners w/style & comfort. *=Per Seller
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| Jan 28, 2022 | Sold | ||
| Sold | |||
| Oct 22, 2021 | Listed by Boulevard Realty | $739,000 | |
| Listed by Boulevard Realty | |||
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This immaculatly cared for home has it all! The first floor entry is more that just a hallway to the second floor. It is spacious and makes a welcoming statement!! The second floor living area is dramatic with all the architectural detailing of flat arches. There is a gas log fireplace with built in cabinetry which anchors the family room and there are plantation shutters through out the home. There are hardwoods through out except for the first floor which is 18" x 12" tile. The island kitchen has granite counters, recently painted cabinets, a breakfast bar, pendant lighting, SS appliances, a dry bar & wine cooler. Hardwoods are through out the home except for on the first floor there is tile. This home is elevator ready with a shaft. There is a covered slate patio with 2 fans and the back yard has been recently sodded (10/ 20/ 21 and the east fence replaced. This home is not in a flood zone. Comments per owner.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017