172 Concord Road
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%.
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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.
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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 |
|---|---|---|---|
| Sep 9, 2024 | Sold | ||
| Sold | |||
| Aug 12, 2024 | In contract | - | |
| In contract | |||
| Jul 3, 2024 | Listed by BHG Masiello Keene | $897,000 | |
| Listed by BHG Masiello Keene | |||
| Jan 19, 2024 | No longer available | - | |
| No longer available | |||
| Oct 5, 2023 | Listed by Better Homes and Gardens-The Masiello Group | $979,000 | |
| Listed by Better Homes and Gardens-The Masiello Group | |||
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SELLER CREDIT of $100,000 towards upgrades. This executive home on 11.2-acres offers the perfect blend of privacy and convenience. The thoughtfully designed layout has a large bedroom with full bath on the upper level and a primary en-suite with tiled walk-in shower and whirlpool tub on the first-floor. The en-suite boasts its own laundry facility, an office space to accommodate remote work or creative pursuits, and dual walk-in closets. The gourmet kitchen, featuring a Wolfe gas-stove and Sub-Zero refrigerator plus two additional Sub-Zero refrigerator drawers, invites culinary creativity. This exceptional home also offers three additional bedrooms and two bathrooms, providing space for family or guests. A delightful sunroom and potting area with a walk-out to the yard provide tranquil retreats for relaxation and gardening enthusiasts alike. An extra laundry area in the basement offers practicality and efficiency. Bathed in natural light, this home ensures comfortable ambiance year-round with central AC, a Jotul wood stove and a Buderus furnace. For peace of mind, the property comes complete with a whole-house generator and security on doors, windows and screens. Step outside to your own private oasis, featuring an inviting in-ground pool, a charming gazebo, and tennis/pickle ball court. An expansive fenced-in backyard with a private entrance for your (small) dog ensures convenience. The decks off the kitchen offer al fresco dining. Minutes to downtown and Route 9W. The manager has listed the unit size as 4160 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017