1405 DAGERWING PLACE
About This Property
Step into the grand 2-story foyer, highlighted by gleaming hardwood floors and a solid oak staircase that opens to an elegant 2nd-floor balcony. The spacious living room (17'-8" x 13'-5") and dining room (15'-0" x 12'-8") offer gracious formal spaces, while the kitchen blends function and charm with oak cabinetry, granite countertops, a ceramic tile backsplash, and an island. The light-filled glass-enclosed nook with cathedral ceiling is perfect for casual dining.
The inviting family room (18' x 14'-6") features a gas fireplace for cozy evenings. Upstairs, the magnificent owner's suite offers a large walk-in closet and a stunningly renovated luxury bath. Three additional bedrooms feature brand-new carpeting. The finished lower level provides 330 sq. ft. of recreation space-ideal for a pool table, gatherings, and the convenience of a bar area.
The rear yard is a true retreat, featuring a beautifully designed hardscape patio, sitting walls, and meticulous landscaping that together create a serene and private outdoor living space. Every detail reflects the pride of ownership and thoughtful improvements made over the years.
Monarch Ridge offers an ideal location with convenient access to restaurants, shopping, and major highways.
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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 |
|---|---|---|---|
| Oct 31, 2025 | Sold | ||
| Sold | |||
| Sep 27, 2025 | In contract | - | |
| In contract | |||
| Sep 6, 2025 | Price Decreased |
$584,995
↓ $14K
(2.3%) | |
| Price Decreased | |||
| Aug 29, 2025 | Price Decreased |
$598,995
↓ $1K
(0.2%) | |
| Price Decreased | |||
| Jul 28, 2025 | Listed by Marsh Realty | $599,995 | |
| Listed by Marsh Realty | |||
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About Monoarch Ridge
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017