309 Enchanted Hilltop WAY
About This Property
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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 |
|---|---|---|---|
| Apr 19, 2025 | In contract | - | |
| In contract | |||
| Mar 27, 2025 | Price Decreased |
$1,025,000
↓ $25K
(2.4%) | |
| Price Decreased | |||
| Mar 20, 2025 | Price Decreased |
$1,050,000
↓ $50K
(4.6%) | |
| Price Decreased | |||
| Mar 7, 2025 | Price Decreased |
$1,100,000
↓ $100K
(8.3%) | |
| Price Decreased | |||
| Feb 4, 2025 | Listed by Coldwell Banker Realty | $1,200,000 | |
| Listed by Coldwell Banker Realty | |||
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Do not miss this entertainer's dream home. From the moment you walk in and through the gorgeous wrought iron door, you will fall in love with this unique home. Basically, a one-story home but it features an upstairs living area and a fifth bedroom and half bath, if you need a fifth bedroom or flex room. The open floor plan has a large living area open to the gourmet kitchen with a large center island, granite countertops, designer backsplash and stainless-steel appliances. There is a dedicated office, three good size bedrooms and two bathrooms on the main level. The primary suite is in the rear of the home with a master bath fit for a king or queen. Here you will find a walk around shower, double vanity, jetted tub and his and her walk-in closets with built-ins. The main living area has custom stonework and sliding glass doors that extend the living space to the outdoor covered living area with fireplace and kitchen overlooking a greenbelt view. The backyard is private and fenced with a putting green. Another bonus is the three-car garage. Access to Rough Hollow Yacht Club, pools, parks, trails and restaurants create a unique live style for a new owner.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017