1940 UPTON ST N
About This Property
Welcome to this delightful, expanded, and renovated colonial with beautiful pollinator gardens and a wood sculpture in the sought-after Waverly Hills neighborhood. The main floor features an expanded living/dining room addition with a powder room (2007). The kitchen was renovated with granite counters, stainless appliances, and lots of cabinetry. The living room features an easy-to-use gas fireplace, an office/playroom with exposed brick, and a second office adjacent to the kitchen. The upper floor boasts three bedrooms and two bathrooms. The primary bathroom has dual vanities, a soaking tub, and shower.
The walk-out lower level features a bedroom and renovated bathroom with shower. The backyard is a private oasis with custom stonework, an ideal area for chatting with friends and enjoying the outdoors. There is a detached play area/office/theatre room and a separate gardening area with lots of storage. Walk a few minutes to Woodstock Park and Lee Heights Shops (Arrowine and Cheese, Pastries by Randolph, Chipotle, Old Dominion Pizza Co., Starbucks), and you are only 2.0 miles to the greatest Italian subs at the Italian Store, CVS, and Giant Food!
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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 |
|---|---|---|---|
| Nov 13, 2023 | Sold | ||
| Sold | |||
| Oct 25, 2023 | In contract | - | |
| In contract | |||
| Oct 20, 2023 | Listed by TTR Sotheby's International Realty | $1,095,000 | |
| Listed by TTR Sotheby's International Realty | |||
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About Waverly Hills
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017