1239 FOLKESTONE WAY
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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 20, 2018 | Sold | ||
| Sold | |||
| Feb 15, 2018 | Listed by Lenny Vermaat & Leonard Inc. Realtors Inc | $399,000 | |
| Listed by Lenny Vermaat & Leonard Inc. Realtors Inc | |||
| Jul 30, 2017 | Listed | $475,000 | |
| Listed | |||
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Something special! This gem of a colonial, situated in the beautiful area where Barclay and the Hunt Tract collide, is one of the most spectacular hideaways you can imagine! This private home sits atop a generous lot of nearly 2 acres and overlooks a serene and forested expanse with mature mountain laurels and blooming perennials. You simply must stand on the fabulous back patio and take in the beauty. Just imagine the entertaining you could do from this wonderful outdoor space. The home sits on a high & dry lot, with fabulous views and tons of privacy. Inside is a blank canvas. The bones of this home speak for themselves - a time-tested colonial layout, with an open-flow kitchen, dining and living space. Gorgeous original hardwood floors are throughout - including under all upstairs carpeting. The family room addition is flanked by windows and skylights so you can continuously enjoy your spectacular view throughout any season and in any weather. A major advantage of this home is the downstairs in-law suite, complete with an oversized bathroom and walk-in closet. The formal living room features an elegant and warming fireplace, and plenty of space for holiday gatherings. Upstairs are 4 good sized bedrooms, each with pretty views of the grounds. Two of the bedrooms share a Jack & Jill full bath, and a 2nd full bath is also on this level. The full basement offers endless possibilities! This home has been lovingly and carefully maintained, and it shows. Please also take note of the u-shaped driveway and the desirable detached and oversized 3-car garage. A studio sits above the garage, complete with heat, electric and lighting. This is the ultimate bonus space for recreational use. The location is unparalleled - minutes to Rte 70, 295, minutes to Whole Foods, a quick trip to the mall, fine dining and coffee shops. Two nearby swim clubs, multiple walking trails and historical sites, easy access to renowned playgrounds and recreational spaces. Come experience this one of a kind home & spectacular views for yourself!The manager has listed the unit size as 2818 square feet.
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About Barclay
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017