242 Stanhope Drive #A
About This Property
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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 |
|---|---|---|---|
| May 1, 2025 | Sold | ||
| Sold | |||
| Mar 25, 2025 | In contract | - | |
| In contract | |||
| Mar 21, 2025 | Listed by Real Broker, LLC | $400,000 | |
| Listed by Real Broker, LLC | |||
| | |||
|
Step into modern luxury with this FULLY RENOVATED condo that's ready to impress! From top to bottom, no detail was overlooked in this gorgeous transformation-it's like stepping into a BRAND-NEW home! The open-concept living welcomes you with pristine floors, fresh paint, and sleek finishes that create a bright and airy vibe throughout. The kitchen is an absolute showstopper, featuring all-new stainless steel appliances, quartz countertops, exclusive cabinetry, a stylish backsplash that makes cooking feel like a dream. A newly designed cut out wall connects everyone to be able to chat and hang out. The natural flow of the dining room off the kitchen makes it convenient whether you're hosting guests or having a casual family dinner. Included is a gorgeous custom-made dry bar! The 3 bedrooms are spacious and sun-filled, offering plenty of room to relax. The master bedroom walk-in closet has a one-of-a-kind shelving system installed. The 2 full bathrooms boast of designer tile, modern vanities, and luxury fixtures that give spa-like energy. Every inch of this home has been thoughtfully upgraded-from the lighting fixtures to the doors and trim, and even the mechanicals! Brand new 2024 roof. Located in a prime area, close to shops, dining, and everything you need, this condo is a rare find that's COMPLETELY move-in ready. Whether you're a first-time buyer, looking to downsize or just want to live in a super cool condo, this is the one you've been waiting for!
| |||
| Sep 30, 2024 | Sold | ||
| Sold | |||
| Aug 20, 2024 | Listed by Baird & Warner | $299,900 | |
| Listed by Baird & Warner | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/14/2025
|
2 Bed
|
2 Bath
|
1160 ft²
|
$295,000
2 Bed
2 Bath
1160 ft²
|
$280,000
-5.08%
07/02/2025
|
Rebecca Marquardt
RE/MAX Market
| |
|
03/21/2025
|
3 Bed
|
2 Bath
|
1356 ft²
|
$400,000
3 Bed
2 Bath
1356 ft²
|
$410,000
+2.50%
05/01/2025
|
Beth Tischler
Baird & Warner
| |
|
08/20/2024
|
3 Bed
|
2 Bath
|
1356 ft²
|
$299,900
3 Bed
2 Bath
1356 ft²
|
$299,900
09/30/2024
|
Neil Verhagen
McColly Real Estate
| |
|
04/08/2024
|
2 Bed
|
2 Bath
|
1196 ft²
|
$289,900
2 Bed
2 Bath
1196 ft²
|
$280,000
-3.41%
06/03/2024
|
Maria Miller
Better Homes & Gardens Real Estate
| |
|
08/07/2017
|
3 Bed
|
2 Bath
|
1585 ft²
|
$230,000
3 Bed
2 Bath
1585 ft²
|
$220,000
-4.35%
09/29/2017
|
Tricia Hart
L.W. Reedy Real Estate
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017