312 CLIFTON Place #2
About This Property
312 Clifton strikes an effortless balance of modern luxury while also capturing the unique essence of living within a classic Brooklyn brownstone. Upon entering the unit, you will be delighted by the exposed brick, oversized windows and decorative fireplace. The living room and kitchen are open-concept for a seamless connection between living and dining. The kitchen features granite countertops, custom oak cabinetry and high-end stainless-steel appliances. Down a well-appointed hallway you will find two sizeable bedrooms and a pristine bathroom with ceramic tiles and a deep soaking tub. Both bedrooms have large closets and south-facing windows, the latter of which allows for sunlight to permeate the space all throughout the day.
The primary bedroom features glass double-doors that open up to your 880 square foot private deck and backyard oasis. The deck is massive, allowing for a full setup of outdoor furniture so you can lounge and relax while overlooking the peaceful garden. Down a short staircase, you will enter the garden to find soft built-in turf under your feet to enjoy greenery all year long. In addition, this south-facing haven features a water hook-up and garden beds, just waiting to make all of your Brooklyn gardening dreams come true.
Additional features include a full-sized washer/dryer, central heating/cooling and AIPHONE intercom. 312 Clifton Place has incredibly low monthlies and a J51 tax abatement that ends in 2032. 312 Clifton Place is zoned for School District 13 and is located just blocks away from the G train at Bedford-Nostrand. Enjoy local amenities such as the famed Herbert Von King Park and all of the restaurants and nightlife that BedStuy has to offer.
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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.
You can learn more about cap rate here .
Price History
Date / Event | Date | Event | Price |
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Sep 11, 2024 | Listed by Corcoran Group | $995,000 | |
Listed by Corcoran Group | |||
Mar 23, 2018 | Sold to Francesca Barber | $885,878 | |
Sold to Francesca Barber | |||
Sep 29, 2017 | Listed | $850,000 | |
Listed | |||
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A luminous condo boasting high-end finishes and private outdoor
space, this 2-bedroom, 1-bathroom home is a chic portrait of
indoor/outdoor city living. Features of this 758 sq. ft. unit
include white maple hardwood floors, a decorative fireplace,
exposed brick walls, recessed lighting in every room, a
state-of-the-art security system, oversized windows, a washer/dryer
hook-up, and 935 sq. ft. spread across a terrace and lush
backyard.
The home opens directly into a bright, open-concept…
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Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
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