217 CENTRAL AVENUE
About This Property
The main level includes a spacious formal dining room, an elegant living room with a reading nook for those slow mornings, and an open concept family room with fireplace that flows into the kitchen. The kitchen is equipped with stainless steel appliances, granite countertops, and ample cabinetry. All connected to a butler's pantry, ideal for entertaining.
Ascend the decorative staircase to brand new carpet throughout. A generous primary suite is the focal point, filled with natural light and a beautiful reading nook. The bathroom is complete with his-and-hers vanities, a soaking tub, separate shower, and a connected flex room ideal as a nursery, office, or private sitting area. Upstairs also features two more large bedrooms and a full hallway bath, plus a private in-law suite with its own living area with an optional separate entrance-perfect for multigenerational living or guests.
The fully finished basement adds even more functionality, featuring a separate entrance, second kitchen, bedroom, living space, laundry hook-up, and plenty of storage-ideal for extended stays, rental income, or a private home office.
Additional features include a 3-car tandem garage, ample parking in both front and back, zoned HVAC, and thoughtful craftsmanship throughout. The home is set back from the road, offering a peaceful sense of seclusion while still being close to local amenities, parks, and commuter routes. Washington Grove rail station is minutes away as is 355, 370, and 270.
This exceptional property is the perfect blend of classic design, modern convenience, and flexible living. A true must-see!
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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 |
|---|---|---|---|
| Feb 23, 2026 | Sold | ||
| Sold | |||
| Jan 26, 2026 | In contract | - | |
| In contract | |||
| Oct 8, 2025 | Listed by Pearson Smith Realty, LLC | $1,200,000 | |
| Listed by Pearson Smith Realty, LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017