38
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271 Main Street
About This Property
The inviting front entry leads to a private office, perfect for working from home. The first-floor bedroom offers a stunning double-sided fireplace shared with the formal dining room, creating warmth and character rarely found in today's homes. The kitchen features vaulted ceilings, beautiful wood cabinetry, and built-in appliances, while a spacious full bathroom with a convenient laundry area completes the main level. The large living room overlooks the backyard and provides direct access to an outdoor oasis featuring a huge deck, paver patio with a built-in bar, detached two-car garage, and an expansive grassy yard with plenty of room for recreation, entertaining, or future possibilities.
Upstairs you'll find three additional bedrooms and a second full bathroom. One bedroom offers access to a full attic ready to be finished for additional living space or utilized as abundant storage. A full basement provides even more storage options.
Conveniently located close to major highways, shopping, dining, and everyday conveniences, this one-of-a-kind home blends historic charm with modern functionality in one of the area's most desirable communities.
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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 2, 2026 | In contract | - | |
| In contract | |||
| Jun 11, 2026 | Listed by RE/MAX Revolution | $525,000 | |
| Listed by RE/MAX Revolution | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017