1507 BLUE MEADOW
About This Property
Step inside to discover the heart of the home-a kitchen that has been doubled in size, featuring sleek stainless steel appliances, custom-built solid maple cabinets, and striking granite countertops. This chef's dream space opens onto an expansive deck, ideal for alfresco dining and entertaining. The dining room invites warmth with a newly added bay window, flooding the space with natural light and offering serene views of the surrounding landscape.
An extensive addition created an entire new floor, introducing two spacious bedrooms, a full bath, and an airy loft area that provides a perfect retreat for relaxation or study. The primary suite, fully renovated, exudes luxury with an enlarged bathroom featuring granite-topped cherry cabinets, dual sinks, a large shower with two shower heads, and elegant tile work. All other bathrooms have been updated with modern amenities, including low-flow toilets and stylish finishes.
The home's design offers abundant natural light through Andersen double-pane windows, hardwood floors, and generously sized rooms. Outside, the nearly maintenance-free pool is an oasis of tranquility, measuring 18x40 feet with an automatic safety cover, robot sweep, heater, and hot tub. The large pool deck offers plenty of space for lounging and enjoying the outdoors.
Nestled in a sought after neighborhood, this home provides immediate access to scenic biking and running trails, multiple parks, and is nearby a mall. Whether hosting gatherings or seeking peaceful retreats, 1507 Blue Meadow Road is the perfect blend of sophistication, comfort, and convenience. Make an offer today!
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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 |
|---|---|---|---|
| Nov 15, 2024 | Sold | ||
| Sold | |||
| Sep 19, 2024 | In contract | - | |
| In contract | |||
| Sep 12, 2024 | Listed by Keller Williams Capital Properties | $1,200,000 | |
| Listed by Keller Williams Capital Properties | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017