3307 Puente Street
About This Property
The primary bedroom, complete with a three-quarter bathroom, with dual closets provides an ample private retreat. Two additional bedrooms, a full hallway bathroom, are conveniently located away from the main entertaining areas. As you step through the front door, you're immediately captivated by the large windows that flood the living room, kitchen, dining, and family area with natural light.The open peninsula kitchen is a chef's dream, perfect for hosting casual California-style gatherings. It seamlessly transitions into an open dining and family room area, inviting you to enjoy the expansive backyard. With nature trails nearby, the home is a haven for hummingbirds, butterflies, and birds, creating a truly serene atmosphere.The home features a laundry room with a half bathroom and a spacious two-car garage with a long driveway. This is a rare opportunity to come to market for the first time since the 1950s.In addition to its prime location, the home enjoys numerous local benefits. It's close to beautiful golf courses, trails, a neighborhood lake, excellent schools, and a vibrant downtown area.
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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 |
|---|---|---|---|
| May 20, 2025 | Sold | ||
| Sold | |||
| Mar 18, 2025 | Listed by Vista Sotheby's Int'l Realty | $1,299,000 | |
| Listed by Vista Sotheby's Int'l Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017