218 Carpenter Hill DR
About This Property
The entrance features elegant wood ceiling beams, adding a touch of rustic charm. One of the bedrooms features a versatile Murphy bed and custom closet organization. In addition, all the closets in the house have custom organization, maximizing space and convenience. Tray ceilings, ceiling fans, and upgraded fixtures throughout, enhancing the home's modern appeal.
One of the bedrooms includes an ensuite bath, providing privacy and convenience. The bathrooms have been meticulously updated. A standout feature is the 100-year-old kitchen pantry door, adding a unique historical touch to the space. The laundry room is equipped with custom cabinetry and additional storage.
Durable wood-look tile flooring spans the entire home, providing both beauty and practicality. The kitchen is further enhanced with undermount lighting, perfect for meal preparation. Additional features include a water softener, custom shower niches in all bathrooms, a fully floored attic space, 2-inch faux wood blinds, glass break sensors on the windows, and permanent LED exterior lighting,
The exterior of the property is equally impressive, with sidewalks on the front and sides, a cedar outdoor porch ceiling, and a brick patio platform. The backyard is an entertainer's dream, featuring a grilling pad, an outdoor patio ceiling fan, and an irrigation system.
This home is a perfect blend of modern convenience and timeless charm. Don't miss the opportunity to make it your own!
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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 |
|---|---|---|---|
| Apr 17, 2025 | In contract | - | |
| In contract | |||
| Apr 3, 2025 | Price Decreased |
$549,000
↓ $50K
(8.3%) | |
| Price Decreased | |||
| Mar 22, 2025 | Price Decreased |
$598,500
↓ $47K
(7.2%) | |
| Price Decreased | |||
| Mar 1, 2025 | Listed by Coldwell Banker Realty | $645,000 | |
| Listed by Coldwell Banker Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017