171 85th Street
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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 |
|---|---|---|---|
| Jul 24, 2024 | Sold | ||
| Sold | |||
| Apr 25, 2024 | In contract | - | |
| In contract | |||
| Mar 13, 2024 | Listed by Daniel Gale Sothebys Intl Rlty | $2,999,000 | |
| Listed by Daniel Gale Sothebys Intl Rlty | |||
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Welcome to your dream home! This fully renovated stucco Mediterranean, boasting light hues and tones, offers the epitome of modern luxury with a touch of old-world charm. Situated on a 50x100 lot on a beautiful block, this home stands proudly atop a hill, offering ultimate privacy and breathtaking scenic views. As you step into the private entrance, you're greeted by a light and airy foyer, leading seamlessly to the sprawling living room featuring a cozy fireplace and abundant windows. The living room has been expanded and can be situated as an additional seating area, billiard room or simply a space to put a beautiful piano. Entertain with ease in the formal dining room, seamlessly connected to the high-end kitchen equipped with stainless steel appliances, a wine and beverage fridge, ample counter space, and a convenient island. The kitchen has a convenient entrance to the backyard patio. Enjoy your favorite tunes through the Sonos system and Harmon Kardon amplifiers throughout the first level. As you ascend to the second level from the glass staircase to discover a picturesque seating area that is naturally lit from the beautiful original led inlay round window. This space provides a peaceful setting for reading and relaxation. The generously sized bright bedrooms have ample closet space and plenty of room for a desk or additional furniture. The two bedrooms are accompanied by a fully renovated bath that offers indulgent features such as a soaking tub, stand-up shower, and double sink vanity. The primary bedroom suite boasts lots of windows and a luxurious full bath with a double shower and vanity. Venture to the third level to find two additional rooms and a full bath, perfect for accommodating guests or creating a home office space. The basement level offers versatile open space with custom cabinetry, a workout area, recreational space, laundry facilities, and access to the tandem car garage, fitting two cars comfortably. Step outside to the entertainer's paradise, featuring a wide patio and fully equipped outdoor kitchen complete with a wood-fired pizza stove, coal-fired spit for roasting, barbecue, sink, and ample counter space. Don't miss the opportunity to call this stunning property yours!
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| Mar 28, 2014 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017