31 Early Light
About This Property
A separate guest suite near the entry provides outstanding privacy for visitors or extended family. Beyond the entry, a grand central hall creates an impressive sense of openness. The formal dining room adds elegance for entertaining, while the kitchen, breakfast nook, and separate family room come together to form the heart of the home. Overlooking the backyard, these spaces are bright, airy, and designed for comfortable daily living.
The backyard is truly exceptional-expansive, private, and beautifully landscaped. A large grassy lawn provides abundant space for play and relaxation, complemented by a built-in BBQ, a spa, and a charming open-air pergola draped with flowering vines, creating a picturesque setting for outdoor gatherings. The main level also includes a spacious office and a convenient powder room.
Upstairs, four generously sized bedrooms provide comfortable accommodations for family and guests. The primary suite is especially impressive, featuring two separate walk-in closets and a luxurious bathroom with dual vanities, a soaking tub, and a walk-in shower. One secondary bedroom includes its own en-suite bathroom, while two additional bedrooms share a full bath and are connected by a charming balcony.
Airy and open throughout, with oversized bedrooms and a highly functional floor plan, this home presents a rare opportunity to enjoy comfort, flexibility, and abundant living space in one of the area's most desirable and secure communities.
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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 |
|---|---|---|---|
| Jul 13, 2026 | Sold | ||
| Sold | |||
| Jun 29, 2026 | In contract | - | |
| In contract | |||
| May 13, 2026 | Listed by Keller Williams Realty Irvine | $2,998,000 | |
| Listed by Keller Williams Realty Irvine | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017