2691 Mainway Drive
About This Property
Step inside to discover a spacious living room with soaring vaulted ceilings and large windows that flood the space with natural light. The cozy fireplace provides a warm focal point, perfect for relaxing evenings. The open floor plan effortlessly connects the living room to the dining area and kitchen, ideal for both daily living and entertaining. The kitchen features vintage cabinetry, ample countertop space, and a picturesque window overlooking the lush backyard.The home offers three generously sized bedrooms, each with plenty of natural light. The primary bedroom is a peaceful retreat, complete with an ensuite bathroom featuring a shower and plenty of storage.
Outside, the backyard is a true oasis with a beautifully landscaped garden beds. A large brick patio invites you to enjoy outdoor living year-round, complete with a charming gazebo that offers a shaded spot to relax or entertain. While the pergola offers additional space for outdoor dining or lounging.Additional features include a spacious two-car garage, plenty of storage throughout, and easy access to nearby parks, award winning schools, and shopping. This well-loved home is a rare find and ready for your personal touches to make it your own.
Don't miss this opportunity to own a classic home in a highly desirable location!
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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 |
|---|---|---|---|
| Nov 15, 2024 | Sold | ||
| Sold | |||
| Oct 15, 2024 | In contract | - | |
| In contract | |||
| Oct 7, 2024 | Relisted | $1,350,000 | |
| Relisted | |||
| Oct 6, 2024 | No longer available | - | |
| No longer available | |||
| Sep 4, 2024 | Listed by First Team Real Estate | $1,350,000 | |
| Listed by First Team Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017