1989 MITCHELL DRIVE
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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 |
|---|---|---|---|
| Oct 2, 2026 | Price Decreased |
$874,900
↓ $24K
(2.7%) | |
| Price Decreased | |||
| Sep 16, 2026 | Listed by Silver Coast | $899,000 | |
| Listed by Silver Coast | |||
| Jul 14, 2026 | Price Decreased |
$889,000
↓ $10K
(1.1%) | |
| Price Decreased | |||
| May 15, 2026 | Listed by Boyle & Kahoe Real Estate | $899,000 | |
| Listed by Boyle & Kahoe Real Estate | |||
| |||
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PRICE IMPROVEMENT
DREAM BIG! Welcome to this gorgeous, newly built home just waiting for your personal touches! Situated on a spacious 1/2-acre lot, this stunning residence offers luxury, space, and endless possibilities for comfortable living and entertaining.
The impressive main level features a formal living room and dining room, along with a gourmet kitchen showcasing upgraded countertops, premium appliances, and exceptional space for cooking and gathering. The kitchen opens beautifully into the expansive family room, creating the perfect flow for everyday living and entertaining. An additional sun-filled area can serve as a charming sunroom or extended dining space for larger gatherings. The main level also includes a private bedroom with a walk-in closet and full bath — ideal for guests or multigenerational living.
Upstairs, you’ll find an incredible 4-bedroom suite layout along with a versatile bonus room perfect for a playroom, office, or lounge area. The luxurious primary suite offers abundant space and comfort.
The fully finished lower level expands your living options even further with an additional bedroom, spacious recreation room featuring a wet bar, and two bonus rooms that could easily function as a theater room, gym, hobby space, or possible in-law suite setup.
Additional highlights include a stunning two-story balcony, three dishwashers for ultimate convenience, and an ideal location close to I-95, shopping, dining, and everyday conveniences. This exceptional home combines elegance, flexibility, and modern luxury all in one remarkable property! Schedule your showing now!!
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| Dec 5, 2025 | Price Decreased |
$885,000
↓ $4K
(0.5%) | |
| Price Decreased | |||
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About Perryman
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017