131 QUAIL Way
About This Property
The kitchen leans moody and modern. Coulter Pine cabinetry runs throughout topped with a Terrena soapstone island, all finished off with black pulls and black hardware for a clean, cohesive look. The farmhouse stainless sink pairs with a black gooseneck faucet with sprayer, and the stainless steel appliance package includes a 27 cubic foot side by side refrigerator with ice, smooth top electric range, microwave, and dishwasher. Charlynn Cherry ceiling beams add warmth above, and the island's Dura Onyx finish is topped off with two black pendant lights. The primary bath is where this home earns its keep. A 60 inch ceramic Calcutta gold tiled shower with a black rain shower head and black door sits alongside a free standing soaking tub, both finished with black fixtures throughout. Dura Evergreen vanity cabinetry, white square porcelain sinks, and matching mirror molding carry that same designer feel into the secondary baths as well.
Outside, board and batten Carbon columns and trim pair with black metal roofing accents, charcoal 30 year architectural shingles, and Pewter vinyl siding for a look that stands out from the standard white box. Wind Zone II construction, insulated bronze windows, and the EBUILT Essentials insulation and electric packages (advanced air sealing, double gasket at the marriage line, argon gas low E windows, and more) mean this home isn't just good looking, it's built to perform.
Brand new well, brand new septic, and brand new everything from the ground up. First time set. Never lived in. Move in ready. Located minutes from historic Melrose with easy access to SR-21.
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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 |
|---|---|---|---|
| Sep 18, 2026 | Price Decreased |
$345,000
↓ $5K
(1.4%) | |
| Price Decreased | |||
| Aug 28, 2026 | Listed by PURSUIT REAL ESTATE, LLC | $349,900 | |
| Listed by PURSUIT REAL ESTATE, LLC | |||
| Jun 9, 2026 | Sold | ||
| Sold | |||
| May 20, 2026 | In contract | - | |
| In contract | |||
| Apr 24, 2026 | Relisted | $79,900 | |
| Relisted | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017