1309 Briar Patch Lane
About This Property
Built in 2017 and thoughtfully updated in 2022, this home showcases extensive cosmetic enhancements, including stunning kitchen, living, bath & closet remodels. The kitchen now boasts custom cabinetry, elegant tile flooring, and top-of-the-line Wolf and Subzero appliances. The heated tile floors add comfort to the kitchen and primary suite. The luxurious 1st floor primary suite, complete with a private entrance, offers a serene retreat featuring a spa-inspired bath, a relaxing steam shower and custom his & her closets.
Upstairs, a generously sized updated second suite provides breathtaking golf course views, along with an updated private bath with heated floors and walk-in closet, making it a perfect space for family or guests.
Don't miss the updated media room where you can enjoy movies via the recently installed projector and where you can enjoy gorgeous, sunset golf course views from the balcony.
With its unbeatable location, expansive lot, and extraordinary finishes, this meticulously maintained property is a rare gem. Don't miss your opportunity to own a luxury golf course home in North Ridge!
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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 |
|---|---|---|---|
| May 21, 2025 | Sold | ||
| Sold | |||
| May 1, 2025 | In contract | - | |
| In contract | |||
| Apr 16, 2025 | Price Decreased |
$2,999,900
↓ $150K
(4.8%) | |
| Price Decreased | |||
| Mar 23, 2025 | Price Decreased |
$3,150,000
↓ $150K
(4.5%) | |
| Price Decreased | |||
| Feb 2, 2025 | Price Decreased |
$3,299,900
↓ $100K
(2.9%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017