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1505 Briercliff Drive
About This Property
move in. Located off a brick street on almost a half acre lot minutes from the heart of downtown. This charming home offers an inviting and
warm formal living room with a wood burn fireplace, beam plank ceilings, elegant foot wide wood plank floors throughout, a formal dining room
with bay window w/ bench and additional storage underneath as well as a home office. The centerpiece of this entertainer's delight is an
oversized chef's kitchen with two farmhouse sinks, gas range, an informal eat in space that could easily hold an 8 top and a huge center island
with Dolce Vita Brazilian quartz countertops. The upper level features and incredible
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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 |
|---|---|---|---|
| Oct 17, 2023 | Sold | ||
| Sold | |||
| Sep 29, 2023 | In contract | - | |
| In contract | |||
| Aug 10, 2023 | Listed by Non-MLS or Out of Area | $1,150,000 | |
| Listed by Non-MLS or Out of Area | |||
| Sep 23, 2021 | Sold | ||
| Sold | |||
| Jul 15, 2021 | Listed by Non-MLS or Out of Area | $959,000 | |
| Listed by Non-MLS or Out of Area | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017