318 Maple Avenue
About This Property
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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 |
|---|---|---|---|
| Dec 19, 2024 | Sold | ||
| Sold | |||
| Nov 9, 2024 | Temporarily off market | - | |
| Temporarily off market | |||
| Nov 8, 2024 | Listed by @properties Christie's International Real Estate | $1,425,000 | |
| Listed by @properties Christie's International Real Estate | |||
| Oct 22, 2024 | In contract | - | |
| In contract | |||
| Oct 13, 2024 | Listed by @properties Christie's International Real Estate | $1,425,000 | |
| Listed by @properties Christie's International Real Estate | |||
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Welcome to 318 Maple in Highland Park. An architecturally significant home designed in 1923 by John Van Bergen, a mentee of Frank Lloyd Wright. The home has been magnificently maintained and updated over the years while keeping the integrity of the original home and garden designs. In 1973, a 1,250-square-foot studio/guest house with a grotto-style bath and full kitchen was added to the property. Built of weathered-edged dolomite limestone and ground-to-roof windows, it reflects a rustic beauty inside and out. Overlooking the stone grotto and waterfall, the main room with a soaring pyramid ceiling, light well, and massive stone fireplace creates a feeling of calm and well-being. In the main house, a myriad of windows overlook the wooded grounds, creating a feeling of seclusion. The kitchen was enlarged to include Eggersmann custom cabinets featuring a Subzero refrigerator and separate freezer, Miel oven, a steam oven, induction cooktop, hood, and dishwasher; Dornbracht faucets; stainless steel sinks and quartz countertops. The island includes the cooktop, a prep sink storage, and seating, all overlooking the limestone walkways and patio. The separate dining room includes custom built-ins, three walls of windows, and recess lighting. The living room offers a refurbished fireplace, beautiful windows, and doors leading to a patio. This first-floor also includes an updated powder room. The second floor has two good-sized bedrooms and one large office that can be converted back into a bedroom. All three rooms offer custom built-ins and beautiful windows. The bath was remodeled and opened to create a spa-like feeling. On the lower level has a one-of-a-kind custom-built sauna, changing area, and a shower built from dolomite limestone and has a heated floor. There is also a large 16 x 22 family room, multiple storage rooms, a laundry room, and an updated powder room. The house has hydronic in-floor heating throughout the 1st and 2nd floors. Separately, there are two zones A/C units. The unique property is ideally located near the lake, town, transportation, parks, and schools.
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About Highland Park
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$3,430 /mo
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- 1,142 ft²
$2,990 /mo
- 3 Beds
- 2 Baths
- 1,300 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017