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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.
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 |
|---|---|---|---|
| Sep 27, 2024 | Sold | ||
| Sold | |||
| Aug 15, 2024 | In contract | - | |
| In contract | |||
| Jul 31, 2024 | Listed by Century 21 Pride Realty | $514,808 | |
| Listed by Century 21 Pride Realty | |||
| | |||
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Welcome to this stunning two-story home in the coveted Grasmere neighborhood, offering an ideal blend of luxury and functionality. With 4 spacious bedrooms and 2.5 baths, this residence ensures ample space for comfortable living. The heart of the home is the beautiful eat-in kitchen, featuring exquisite granite countertops, sleek stainless steel appliances, and a stylish glass tile backsplash. Abundant oak cabinets with under-cabinet lighting, an island with a breakfast bar, and a convenient pantry closet enhance both the aesthetics and practicality of this culinary space. The large family room boasts a tray ceiling and a cozy brick fireplace, creating a warm and inviting atmosphere. On the main level, you'll find a versatile office or fourth bedroom to suit your needs. The grand formal living room, with its elegant double doors, seamlessly transitions into the formal dining room, perfect for hosting gatherings. Upstairs, the generously sized bedrooms include a master suite that stands out with its tray ceiling, expansive walk-in closet, and additional double closets. The luxurious master bath is a retreat of its own, featuring double sinks with a granite vanity, a skylight, a whirlpool tub, and a separate shower. The big unfinished basement and additional crawl space offer endless possibilities for customization and storage. The fenced in resort-like backyard is an entertainer's dream, complete with an above-ground pool equipped with a gas heater and brand-new pool liner, a charming brick paver patio, a stone bar, and a deck for relaxation. Recent updates include fresh interior paint, modern light fixtures and hardware, gutter guards around the entire home, and an updated sprinkler system with rerouting and a rain sensor. This meticulously maintained home combines style, comfort, and convenience, making it a perfect place to call your own.
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| Jul 17, 2007 | Sold | ||
| Sold | |||
| Jan 6, 2007 | Listed by Request Real Estate | $395,900 | |
| Listed by Request Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017