37
Map
1607 Pease RD
About This Property
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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 |
|---|---|---|---|
| Jun 16, 2025 | In contract | - | |
| In contract | |||
| Jun 6, 2025 | Price Decreased |
$3,850,000
↓ $400K
(9.4%) | |
| Price Decreased | |||
| Apr 2, 2025 | Listed by Moreland Properties | $4,250,000 | |
| Listed by Moreland Properties | |||
| Mar 28, 2025 | No longer available | - | |
| No longer available | |||
| Feb 26, 2025 | Listed by Moreland Properties | $4,999,950 | |
| Listed by Moreland Properties | |||
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In the heart of Old Enfield, this extraordinary Colonial-style home captivates with its timeless elegance and serene setting. Set on an expansive lot graced by heritage live oak trees and a meticulously manicured lawn, the property embodies both charm and sophistication. Its location, within walking distance of Clarksville’s historic shops and celebrated restaurants, ensures the perfect balance of tranquility and convenience. With over 4,000 square feet of thoughtfully designed living space, this home seamlessly blends traditional warmth with contemporary updates. The grand façade welcomes you into interiors reimagined by the current owner to incorporate modern features while preserving the home’s enduring character. A stunning, redesigned kitchen serves as the heart of the home, combining high-end appliances, elegant finishes, and effortless functionality. The kitchen flows seamlessly into the dining and living areas, creating an inviting space for both intimate gatherings and grand entertaining. The private spaces are equally impressive, with a serene primary suite featuring a luxurious ensuite bath and spacious closets. Generously proportioned secondary bedrooms provide comfort and privacy, while separate guest quarters offer an ideal retreat for visitors or flexible living arrangements. The outdoor spaces evoke a sense of peace and sophistication, with a manicured lawn perfect for hosting or relaxing. The expansive lot offers endless possibilities, ensuring that the beauty of this home extends beyond its walls. Combining timeless style, thoughtful updates, and unparalleled convenience, this Old Enfield gem offers a rare opportunity to enjoy one of Austin’s most desirable neighborhoods in unmatched elegance.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017