191 Putnam Road
About This Property
Step inside to an open-concept living area with gorgeous bamboo hardwood floors and a stunning kitchen featuring stainless steel appliances, updated lighting, and a massive LVL beam that creates an airy, modern feel. The 2018 renovation also included: New roof, Renovated master bath, All-new interior & exterior paint and Updated fixtures & finishes throughout
You'll love the oversized sunroom overlooking the peaceful backyard-perfect for morning coffee or evening relaxation. Downstairs, the unfinished basement is your blank canvas for extra living space, a game room, or storage.
Outside, there's an attached 2-car garage PLUS a 24' x 32' detached garage with lean-to-ideal for a workshop, boat storage, or even converting to an ADU or in-law suite.
All of this is tucked away on a quiet dead-end road with plenty of privacy, yet only minutes to shopping, dining, hospital, I-575, and the exciting new Town Center at Holly Springs!
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Cap Rate Calculator
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 |
|---|---|---|---|
| Mar 6, 2026 | Sold | ||
| Sold | |||
| Feb 11, 2026 | In contract | - | |
| In contract | |||
| Jan 8, 2026 | Price Decreased |
$664,900
↓ $10K
(1.5%) | |
| Price Decreased | |||
| Dec 6, 2025 | Price Decreased |
$674,900
↓ $10K
(1.5%) | |
| Price Decreased | |||
| Oct 18, 2025 | Price Decreased |
$685,000
↓ $15K
(2.1%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017