1846 SUTTON AVE
About This Property
Enter through a covered portico with stately white columns that will welcome friends and family inside to a place of charm and antiquity. Step back in time while you enjoy the present with freshly painted large rooms, refreshed solid wood floors, upgraded kitchen, laundry, bathrooms, and lighting.
The main living spaces include living and dining formals, a library with built-in bookcases, and an eat-in kitchen. An open stair and gracious upper landing is central to four generous bedrooms and a hall bath.
Explore outdoor living spaces from access doors in the Living room, Library, Dining room and Kitchen. A brick paver walk meanders past garden beds to a detached 2-car garage, and a rolling green field beyond. Come home to history, charm, and gracious right-sized living. (Note: Fireplaces are sealed and images are shown with virtual fire)
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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 5, 2024 | Sold | ||
| Sold | |||
| Jun 24, 2024 | In contract | - | |
| In contract | |||
| Jun 16, 2024 | Price Decreased |
$550,000
↓ $50K
(8.3%) | |
| Price Decreased | |||
| May 17, 2024 | Listed by Northrop Realty | $600,000 | |
| Listed by Northrop Realty | |||
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About Arbutus
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017