278 Virginia Place
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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.
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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 |
|---|---|---|---|
| Apr 10, 2026 | Sold | ||
| Sold | |||
| Mar 11, 2026 | In contract | - | |
| In contract | |||
| Feb 9, 2026 | Listed by First Team Real Estate | $2,895,000 | |
| Listed by First Team Real Estate | |||
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Beautifully expanded and remodeled in 2018, this exceptional home blends thoughtful design with modern comfort. The residence was expanded by more than 1,250 square feet to create a spacious four-bedroom, three-bathroom layout featuring two primary suites and oak hardwood flooring throughout. The main level offers one primary suite, two additional bedrooms, and bathrooms appointed with dual vanities. An oversized laundry room with abundant storage adds everyday convenience. Upstairs, the second primary suite serves as a private retreat, complete with a walk-in closet, soaking tub, and a balcony overlooking the expansive backyard. Designed for both functionality and style, the upgraded kitchen showcases Calcita Azul custom-finish quartzite countertops, stainless steel appliances, and a wine refrigerator. The light-filled living area features vaulted ceilings with two skylights and a wood-burning fireplace with a custom mantel. Bi-fold doors in the dining area create seamless indoor-outdoor flow to the patio and backyard. Situated on a generous 7,720-square-foot lot, the backyard is ideal for entertaining with a spacious patio, built-in barbecue, and outdoor fireplace. Additional highlights include a two-car garage with epoxy flooring, built-in storage cabinetry, a custom workbench, and a utility sink. Ideally located within walking distance to the Newport Back Bay and just moments from the dining and shopping along 17th Street, this home offers the perfect blend of comfort, style, and convenience.
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| Jul 24, 2019 | Sold | ||
| Sold | |||
| Apr 17, 2019 | Listed by The Nahin Group | $1,585,000 | |
| Listed by The Nahin Group | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017