17641 PRINCE EDWARD DRIVE
About This Property
The main level features hardwood floors, elegant lighting, a wood-burning brick fireplace, and modern fixtures that create a warm, inviting atmosphere. The updated kitchen offers beautiful natural soapstone countertops, stainless steel appliances, custom walk-in pantry, porcelain tile flooring, and new kitchen pendants. A spacious main-level laundry room and oversized 2.5-car garage with custom shelving provide exceptional convenience and storage.
The expansive primary suite includes a custom walk-in closet and spa inspired bath with dual sinks, granite countertops, and a relaxing retreat like feel. Additional upgrades include new shutters, new culvert, porcelain tile throughout, new kitchen/laundry/pantry flooring, reverse osmosis drinking water systems at both kitchen sinks, radon mitigation system, termite prevention system, and new outdoor lighting and ceiling fan on the rear patio.
The fully insulated lower level offers excellent sound dampening and remarkable flexibility with a separate entrance, full eat-in kitchen with granite countertops, spacious living area, den and a spacious bedroom with plenty of closet space. A full bath, luxury vinyl plank flooring with cork backing, oversized 9-foot bedroom closet, and porcelain tile throughout, and an independent washer and dryer. An ideal for guests, extended family, au pair, or potential income-producing use.
Outside, the rear patio overlooks a large private backyard framed by mature trees, creating a peaceful outdoor retreat in a highly desirable Olney location.
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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 |
|---|---|---|---|
| May 7, 2026 | Listed by Redfin Corp | $798,500 | |
| Listed by Redfin Corp | |||
| Nov 22, 2011 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017