27 Libbie Avenue
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%.
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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 |
|---|---|---|---|
| Jan 20, 2025 | Sold | ||
| Sold | |||
| Dec 10, 2024 | In contract | - | |
| In contract | |||
| Dec 2, 2024 | Listed by The Steele Group | $1,295,000 | |
| Listed by The Steele Group | |||
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One of the earliest homes on Libbie Avenue, 27 Libbie truly offers the very best of old and new. Amazingly intact with original millwork, numerous period light fixtures, and beautiful beveled glass front door with beveled side lights, this home has been lovingly maintained and thoughtfully renovated. The welcoming front hall hints at the special details inside--heart pine floors throughout, 10' ceilings downstairs with 9' ceilings up, and a classic layout that has been re-imagined to offer open gathering spaces perfect for today. The custom kitchen with marble counters, stainless appliances and marble island flows seamlessly into an inviting sitting room for gracious entertaining. The adjoining family room offers handsome bookcases and a cheery gas fireplace with French doors leading to the fantastic porch, screened porch and breezeway to the garage and work-out room/office. The recently renovated powder room is a delight with marble finishes and custom wallpaper. The feel of casual elegance is enhanced by chandeliers and striking fixtures from Shades of Light. Upstairs, the primary bedroom offers an en-suite, spa like bathroom with marble counters and floors. The second full bath is a welcome improvement from the original floor plan with only one bath up. The third bedroom is presently a fantastic, custom closet but could be converted if desired. A major project was in the back adding the rear porches and breezeway leading to the new garage with its conditioned living space and Grand Manor roof. Trillium Landscaping created perfect courtyard gardens with sidewalk and tree lighting, irrigation front and back and handsome aluminum fencing. Additional parking in addition to the garage is a wonderful bonus in this beloved Westhampton neighborhood where restaurants, coffee shops, art galleries, boutiques, groceries and schools are mere blocks away. New AC units, the oil furnace was converted to gas, extra insulation added, encapsulated crawl under den, too many upgrades to list! A true neighborhood gem.
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| Apr 29, 2016 | Sold | ||
| Sold | |||
| Nov 19, 2012 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017