161 Charter Circle #161
About This Property
A shared front patio adds a welcoming outdoor touch, while the well-maintained High Meadow community offers sidewalks for easy strolls, assigned parking, ample guest parking, and playgrounds. Monthly maintenance includes heat, water, and taxes, adding ease and value. Ideally located close to shops, bus, parks, restaurants, village conveniences, Hudson River access, nearby trails, and Metro-North, including express train options.
Eligible shareholders may qualify for a STAR rebate of approximately $144 off monthly maintenance for 11 months of the year. Financial requirements: 10% down, debt-to-income below 35%, credit score 675+, no late payments in the last 6 months, no bankruptcy in the last 5 years, and minimum liquid assets at closing equal to 6 months of maintenance and mortgage payments.
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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 |
|---|---|---|---|
| Aug 25, 2026 | Sold | ||
| Sold | |||
| Jun 9, 2026 | In contract | - | |
| In contract | |||
| Jun 2, 2026 | Listed by Compass Greater NY, LLC | $325,000 | |
| Listed by Compass Greater NY, LLC | |||
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| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
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Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017