195 Birchwood Drive
About This Property
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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 |
|---|---|---|---|
| Apr 24, 2026 | Sold | ||
| Sold | |||
| Mar 31, 2026 | In contract | - | |
| In contract | |||
| Mar 20, 2026 | Price Decreased |
$660,000
↓ $25K
(3.7%) | |
| Price Decreased | |||
| Feb 4, 2026 | Price Decreased |
$684,999
↓ $10K
(1.4%) | |
| Price Decreased | |||
| Dec 17, 2025 | Listed by REDFIN | $695,000 | |
| Listed by REDFIN | |||
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Recently reduced and priced to sell, this charming mountain retreat offers lake rights, peekaboo lake views, and is nestled below the street in a private setting—creating a peaceful escape surrounded by nature. Expansive treetop decks and inviting living spaces set the tone for a home filled with warmth and character. Enter through the spacious foyer and immediately appreciate the beamed ceilings, tongue-and-groove walls, and cozy cabin ambiance. The kitchen features granite countertops and a peninsula with bar seating for four, opening seamlessly to the dining area and living room—perfect for entertaining or everyday living. The living room is anchored by a stunning rock-framed fireplace with a raised hearth and mantle, creating a warm focal point. A sliding door from the dining area leads to a large, private back deck with plenty of space for dining and lounging, all surrounded by tranquil treetop views. The main level also includes a full bathroom and a brand-new air conditioning system for year-round comfort. Upstairs, you’ll find two spacious bedrooms and one and a half bathrooms, including a bedroom with its own en-suite half bath. Downstairs, a versatile primary suite—also ideal as a game room or additional living area—features a full en-suite bathroom and access to another private deck. With its flexible layout and serene setting, this home is perfect as a full-time residence, weekend getaway, or vacation retreat.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017