1507 & 1509 Hilltop CIR
About This Property
Step inside to discover an interior that seamlessly marries elegance with versatility. A grand entrance beckons you into a sprawling floorplan, where every detail has been meticulously crafted to elevate your living experience. Towering ceilings greet you in the expansive family room, where a dramatic two-story expanse opens up to the heavens, drawing in natural light through a wall of sliding glass doors. Here, a majestic fireplace, ensconced within custom built-ins, stands as the focal point of cozy gatherings, while stunning floors, adorned with a unique blend of tile and criss-crossing wood, imbue the space with warmth and character.
Entertain in style in the formal dining room, where rich wood wainscotting lends an air of sophistication to every meal. The sprawling island kitchen beckons culinary adventures, with an attached breakfast area providing the perfect setting to savor morning moments. Retreat to the owner's suite, where an attached flex room offers boundless possibilities, including a discreet storage room secured behind a safe vault door.
Upstairs, a versatile flex room awaits, lined with built-ins to accommodate your every need. Two secondary bedrooms, connected by a Jack & Jill bathroom, offer comfort and convenience, complete with an additional washer and dryer for added ease.
Outside, an open patio invites al fresco gatherings, overlooking an expansive backyard dotted with mature trees and a storage building. Other notable features include a whole house generator for peace of mind, stairs leading to the top of the living room for effortless maintenance, a new AC system installed in 2022, and a convenient sink in the garage for added functionality.
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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 |
|---|---|---|---|
| Mar 6, 2025 | Price Decreased |
$600,000
↓ $50K
(7.7%) | |
| Price Decreased | |||
| Nov 25, 2024 | Listed by Coldwell Banker Apex, Realtors | $650,000 | |
| Listed by Coldwell Banker Apex, Realtors | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017