227 PINEHURST AVENUE
About This Property
As you enter the home, you'll immediately notice the beautifully restored original hardwood floors that flow throughout the main living areas of the first floor, complemented by fresh paint that gives the home a bright and inviting feel. Natural light fills the living spaces, creating a warm and welcoming atmosphere.
The sun-filled kitchen is designed with both function and style in mind and is perfect for anyone who enjoys cooking or entertaining. It features elegant granite countertops, soft-close cabinetry, ample cabinet storage, and generous counter space for meal preparation. Large windows bring in abundant natural light, making the kitchen a bright and enjoyable space to gather.
The first floor offers three well-sized bedrooms, each with its own closet, providing flexibility for family members, guests, or a dedicated home office. Both full bathrooms on the main level have been completely remodeled and feature stylish new vanities, beautifully tiled showers, and updated tile flooring, offering a fresh, modern feel while maintaining the home's classic charm.
Upstairs, the expansive primary suite serves as a private retreat. This impressive space features a tray ceiling, recessed lighting, and beautiful hardwood flooring that adds warmth and character. Storage is abundant with his-and-hers closets plus an additional cedar closet, offering excellent space for clothing and seasonal storage. The private ensuite bathroom completes this relaxing retreat.
This home also offers the added benefit of energy-efficient geothermal heating, providing year-round comfort while helping reduce energy costs.
Outside, the property offers off-street parking and a good-sized storage shed in the backyard, providing additional space for tools, equipment, or hobby storage.
An additional adjacent lot (225 Pinehurst) conveys with the property, offering extra space and potential for gardening, recreation, or future possibilities. The lot includes its own well, which previous owners used to irrigate their garden.
With its classic brick exterior, thoughtful updates, energy efficiency, and spacious layout, this home perfectly balances timeless charm with modern amenities. Move-in ready and full of character, it offers comfort, style, and versatility for today's lifestyle.
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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%.
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 |
|---|---|---|---|
| Aug 20, 2026 | Price Decreased |
$404,900
↓ $5K
(1.2%) | |
| Price Decreased | |||
| Jul 16, 2026 | Price Decreased |
$409,900
↓ $5K
(1.2%) | |
| Price Decreased | |||
| Apr 28, 2026 | Price Decreased |
$415,000
↓ $3K
(0.6%) | |
| Price Decreased | |||
| Apr 8, 2026 | Price Decreased |
$417,500
↓ $2K
(0.6%) | |
| Price Decreased | |||
| Mar 9, 2026 | Listed by EXP Realty, LLC | $419,900 | |
| Listed by EXP Realty, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017