305 Simpson 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 |
|---|---|---|---|
| Jun 6, 2024 | Sold | ||
| Sold | |||
| Apr 5, 2024 | In contract | - | |
| In contract | |||
| Mar 26, 2024 | In contract | - | |
| In contract | |||
| Mar 18, 2024 | Listed by Houlihan Lawrence Inc. | $650,000 | |
| Listed by Houlihan Lawrence Inc. | |||
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Exceptional craftsmanship and architectural details are abundant throughout this graciously appointed Queen Anne Victorian home. Truly a home that combines historic charm with the modern conveniences of today's lifestyle allowing for the ease of everyday living along with an effortless flow from all indoor rooms to the outdoors. Not only will the original millwork captivate you but in addition you will appreciate the original wood floors, grand staircase in entry foyer, pocket doors, incredible detail in the six fireplaces, dutch-door in foyer, rear staircase, arched doorways and of course the back porch and wrap around front porch with seasonal river, mountain views, exceptional sunsets so much more. Spacious rooms throughout and additional walk-up attic and walk-out basement offer so much room for storage. This beautiful home has so much to offer with new cedar siding and paint (2022), synthetic 'slate' roof tiles and new plywood with lifetime warranty (2015), lawn sprinkler system (2020), central air and oil burner (2009), water heater (2022), water softener, whole house filtration system and electric fence to keep our precious pets safe, bluestone walkway in front and bluestone patio in back. This beautiful home will surely exceed the expectations of today's savvy buyer. Conveniently located just minutes to neighborhood shops, coffee houses, restaurants, schools, hospital, parks and recreation, waterfront, bike trails, golf, parkways and an easy commute to NYC via Metro North! Just a quick walk to the train and of course city water and sewer. Additional feature sheet and property survey attached to listing.
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| Aug 23, 2007 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017