327 Mara Avenue
About This Property
Upstairs, the bonus room is a standout feature. This versatile space includes a full bath with a shower and could easily be transformed into a fourth bedroom, a home office, or a cozy media room. Public records show 3 bedrooms and 2 bathrooms, but with the addition of this bonus room, the home now offers 4 bedrooms in total. The bonus room is fully permitted, but buyers are encouraged to verify its details during their due diligence process for peace of mind.
The expansive backyard is a true highlight, offering endless possibilities for outdoor living. Imagine relaxing by a sparkling pool, hosting barbecues with friends and family, or creating a lush garden retreat. The space is also perfect for adding an ADU (Accessory Dwelling Unit), which could generate extra income or provide a private guest suite. Future expansion possibilities are abundant-whether you're adding more rooms or even a charming guest house, this property allows you to personalize and enhance it to suit your needs.
This home provides a unique opportunity to own a property with ample room to grow and tailor it to your vision. With its natural light, it offers a comfortable lifestyle while leaving room for future expansion and personalization.
Don't miss the chance to own a piece of this charming neighborhood with so much potential. Schedule your showing today and envision the possibilities!
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Cap Rate Calculator
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 |
|---|---|---|---|
| May 12, 2025 | Sold | ||
| Sold | |||
| Apr 3, 2025 | Listed by Prime Line Realty,Inc. | $949,000 | |
| Listed by Prime Line Realty,Inc. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017