2420 Novara TRL
About This Property
The open-concept layout features soaring ceilings, abundant natural light, and high-end finishes throughout. The gourmet kitchen is a true centerpiece with upgraded cabinets, soft-close drawers, stacked upper cabinets, a waterfall quartz island, pot filler, and Cafe cooktop. The extended dining area flows seamlessly into the spacious living room, highlighted by a Cosmo fireplace and a 15' x 8' sliding glass door leading to the extended patio.
The main-level owner's suite is extended and includes a large walk-in closet and a spa-like bath with an elegant freestanding tub. A guest bedroom with full bath is also located on the main floor. Upstairs features additional bedrooms, a game room, media room, and access to a covered balcony.
Upgrades include wood stairs with horizontal railing, luxury vinyl plank flooring throughout, 8' interior doors, motorized roller shades, water softener, and an epoxy-coated garage. Tile upgrades enhance all bathrooms, front porch, patio, and a custom TV wall.
A rare opportunity to own a highly upgraded home with privacy, space, and modern luxury in a prime location.
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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 |
|---|---|---|---|
| Jul 29, 2026 | Withdrawn | - | |
| Withdrawn | |||
| Jun 13, 2026 | Price Decreased |
$1,449,000
↓ $50K
(3.3%) | |
| Price Decreased | |||
| Apr 16, 2026 | Listed by FULL CIRCLE RE | $1,499,000 | |
| Listed by FULL CIRCLE RE | |||
| Sep 24, 2025 | Delisted | - | |
| Delisted | |||
| Sep 23, 2025 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017