2861 Markridge Road
About This Property
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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 |
|---|---|---|---|
| Dec 19, 2025 | Sold | ||
| Sold | |||
| Nov 18, 2025 | In contract | - | |
| In contract | |||
| Nov 7, 2025 | Price Decreased |
$1,240,000
↓ $10K
(0.8%) | |
| Price Decreased | |||
| Oct 9, 2025 | Listed by Engel & Volkers La Canada | $1,250,000 | |
| Listed by Engel & Volkers La Canada | |||
| Sep 16, 2025 | Listed | $1,300,000 | |
| Listed | |||
| | |||
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Tucked into the coveted Pinecrest neighborhood, this home sits proudly on a spacious corner lot with a commanding presence above the street. From the living room and expansive deck, take in sweeping views of city lights, dramatic sunsets, and the surrounding mountains. The setting provides a generous sense of space, with a wide front yard and a peaceful atmosphere enhanced by visiting deer and the serene backdrop of nature. At the heart of the home is a light-filled living room with picturesque views, a fireplace, and an open layout to the dining area. The property also includes central heat and A/C, copper plumbing, and a 2-car garage. The location is wonderfully peaceful, making this property a true retreat while still offering easy access to the best of the foothills.
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About La Crescenta-Montrose
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$5,950 /mo
- 4 Beds
- 2 Baths
- 1,650 ft²
$5,300 /mo
- 3 Beds
- 2 Baths
- 2,200 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017