31 Sapphire Drive
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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 24, 2026 | Sold | ||
| Sold | |||
| May 11, 2026 | In contract | - | |
| In contract | |||
| Apr 6, 2026 | Listed by CENTURY 21 ABRAMS & ASSOCIATES | $1,450,000 | |
| Listed by CENTURY 21 ABRAMS & ASSOCIATES | |||
| Sep 17, 2025 | Listed | $1,475,000 | |
| Listed | |||
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Welcome to this beautifully appointed 5-bedroom, 3.5-bath home in the desirable Windsor Park Estates of Princeton Junction, where elegant upgrades and thoughtful details shine throughout including an additional rear staircase. A two-story foyer with a beveled glass entry door and side lights. A sparkling crystal chandelier sets the tone, opening to main-level cherry hardwood floors and a graceful step-down family room with fireplace. The gourmet kitchen impresses with granite flooring, quartz countertops and island, custom self-close cabinetry, a five-burner stove, double dishwasher, butler's pantry, stainless steel refrigerator, custom tile backsplash, and both under-cabinet and pendant lighting. The first floor offers a private bedroom with a beautifully updated full bath, along with a powder room featuring ceramic tile. Upstairs, four bedrooms feature ceiling fans and custom lighting, while the renovated hall bath boasts floor-to-ceiling tile, double sinks, updated faucets, and ceramic flooring. The luxurious primary suite includes a tray ceiling, two large closets, and a spa-like bath with a floor-to-ceiling shower and jetted soaking tub. A convenient second-floor laundry room includes a laundry tub. The finished basement is perfect for entertaining with Pergo floors, recessed lighting, a mirrored bar, game room, and media room with marble inlaid built-ins. Outdoor living is equally impressive with a 40' x 20' brick paver patio with retaining walls, lush landscaping, and a 12-zone sprinkler system. Additional highlights include a 1.5-year-old roof, two-car garage with keypads and new opener, garage motion detectors, and abundant recessed lighting throughout the living spaces. This exceptional home blends luxurious finishes and modern updates for a move-in-ready lifestyle in a premier Princeton Junction location.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017