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2120 Park Place CIR
About This Property
The inviting floor plan, ideal for entertaining, features a formal dining room adorned with wainscoting and grass cloth wallpaper, a chef's kitchen with granite countertops in both the kitchen and all bathrooms, and custom window treatments throughout. The primary bedroom includes luxury honeycomb blackout shades for the perfect retreat. The home is equipped with modern conveniences like a whole-house water filter and surge protector, as well as custom cabinetry throughout.
For those working remotely, the home offers flexible options with a study and an additional bedroom downstairs that could serve as a second office. A spacious four-car garage provides ample room for storage or a workshop.
Step outside to a private backyard oasis with no neighbors behind, featuring a custom Rainbow playscape (included in the sale) and plenty of space to add a pool. The Arbor Place community is within close proximity to grocery stores, dining, and shopping-everything you need is right around the corner. Don't miss out on this exceptional property that perfectly balances luxury, functionality, and convenience!
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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 |
|---|---|---|---|
| Mar 5, 2025 | Withdrawn | - | |
| Withdrawn | |||
| Mar 4, 2025 | Relisted | $1,165,000 | |
| Relisted | |||
| Feb 24, 2025 | Price Decreased |
$1,165,000
↓ $10K
(0.9%) | |
| Price Decreased | |||
| Feb 15, 2025 | Price Decreased |
$1,175,000
↓ $10K
(0.8%) | |
| Price Decreased | |||
| Jan 11, 2025 | Relisted | $1,185,000 | |
| Relisted | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017