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2 Demarest Road
About This Property
The main level features a bright and open living room with large windows that flood the space with natural light, a formal dining area perfect for entertaining, and a well-appointed eat-in kitchen with ample cabinet space. Down the hall, you'll find three generously sized bedrooms, including a primary suite complete with its own full bathroom, and an additional full bath serving the remaining bedrooms.
The fully finished lower level provides flexible living options with two additional bedrooms, a full bathroom, and a large family room-perfect for a home office, guest suite, or extended family living. A backyard walkout, offer seamless indoor-outdoor living.
Additional highlights include hardwood floors, central air conditioning, a two-car garage, and a large backyard with mature landscaping-ideal for relaxation or play.
Conveniently located near parks, schools, shopping, and major commuter routes, 2 Demarest Road is the perfect place to call home.
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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 |
|---|---|---|---|
| Sep 24, 2025 | Sold | ||
| Sold | |||
| Jul 18, 2025 | In contract | - | |
| In contract | |||
| Jun 20, 2025 | Listed by Coldwell Banker Realty | $1,100,000 | |
| Listed by Coldwell Banker Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017