1307 James Road
About This Property
Each home is designed with a focus on modern luxury and comfort, featuring spacious interiors, finished basements, and high-end finishes. Expansive outdoor living spaces provide ideal settings for relaxation or hosting gatherings. The homes include hardwood floors, contemporary open-concept layouts, gourmet kitchens with quartz countertops and stainless steel appliances, great rooms with fireplaces, and primary suites with spa-like baths. Finishes and colors are subject to change. Additional highlights include upstairs laundry rooms, lower-level family rooms for entertainment, modern conveniences such as tankless water heaters and smart home technology, and generous garage space.
These units also function as exceptional long-term or short-term rental properties as well. During high seasons, they are estimated to rent for approximately $503 per night, making them a strong option for both personal use and investment.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jun 23, 2025 | Sold | ||
| Sold | |||
| Jun 2, 2025 | In contract | - | |
| In contract | |||
| May 31, 2024 | Listed | $995,000 | |
| Listed | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017