1311 South Boulevard
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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%.
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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.
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 |
|---|---|---|---|
| Apr 29, 2022 | Sold | ||
| Sold | |||
| Jan 18, 2022 | Listed by Martha Turner Sotheby's | $5,000,000 | |
| Listed by Martha Turner Sotheby's | |||
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Extraordinary Spanish style Birdsall Briscoe estate on 1.29 acres in coveted Broadacres; new roof; enormous living room with textured plaster walls, cypress beam ceiling and original terra cotta tile floor; elegant dining room opens to cozy sunroom; basement could be renovated for a fabulous wine room; large study with fireplace and built-ins overlooks the gorgeous front grounds; octagonal shaped primary bedroom overlooks the pool and backyard; two primary baths; all bedrooms are en suite; huge closet with working rotation conveyor for clothes or could be converted to a child's playroom or additional storage space; third floor flex room with enormous closet is a wonderful exercise room, home office, craft room or additional living or bedroom; guest house with quarters; front motor court offers plenty of additional parking; magnificent gardens with fountain and large pool; this exceptional property, almost 100 years old, is an amazing opportunity in this historic neighborhood.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017