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28307 Memory
About This Property
The highlight of the home is easily the attached Next-Gen/Casita/In-law suite. This 1 bedroom and full bathroom, equipped with a kitchenette, living area, and it's own entrance. Whether you're looking for a separate living space for an older family member, or looking to rent it out and generate rental income to off-set the mortgage, this is the home for you.
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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 |
|---|---|---|---|
| Aug 12, 2026 | Sold | ||
| Sold | |||
| Jul 3, 2026 | In contract | - | |
| In contract | |||
| May 4, 2026 | Listed by Abundance Real Estate | $680,000 | |
| Listed by Abundance Real Estate | |||
| Sep 13, 2025 | Price Decreased |
$699,999
↓ $30K
(4.1%) | |
| Price Decreased | |||
| Aug 15, 2025 | Listed | $729,999 | |
| Listed | |||
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Welcome to this stunning 4-bedroom, 3.5 bathroom single-family home, built in 2022 and located in a quiet cul-de-sac with no HOA. A standout feature is the potential income-producing ADU with its own private front entrance, kitchenette and bathroom —ideal as a rental unit, mother-in-law suite, or multigenerational living space. This modern residence offers a spacious open floor plan with newer luxury vinyl plank flooring, a chef’s dream kitchen featuring a large center island with breakfast bar, white quartz countertops, upgraded appliances, designer lighting, pantry and abundant cabinet storage. The open concept family room is perfect for relaxing or entertaining, while the upstairs loft provides a flexible space for a home office or kid’s playroom. The private master suite includes a generous walk-in shower and spacious walk-in closet. Enjoy the beautifully landscaped backyard with grass, no neighbors behind, and an 18ft above-ground spa, along with low-maintenance front landscaping. The property also includes a spacious garage with home gym potential, alkaline water filtration system, paid-off solar panels, vinyl and brick fencing, and a full security camera system. Best of all, this home is in a newly completed neighborhood with access to finished community amenities including a playground, basketball court, and pavilion, just a short walk away. This home offers a unique advantage with no neighboring property directly behind, providing enhanced privacy and peaceful mountain top view. Move-in ready and offering modern comfort, energy efficiency, and privacy—this home has it all!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017