331 50th Street
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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 |
|---|---|---|---|
| Jul 25, 2024 | Sold | ||
| Sold | |||
| Jun 20, 2024 | In contract | - | |
| In contract | |||
| May 26, 2024 | In contract | - | |
| In contract | |||
| May 14, 2024 | Listed by World Prop Intl Sea to Sky | $988,999 | |
| Listed by World Prop Intl Sea to Sky | |||
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Welcome to this luxurious and captivating 5 bedroom and 3 bathroom brand new home that exudes elegance and sophistication. Double story foyer creates a grand entrance, setting the stage for the sleek interiors that await. Prepare to be amazed by the meticulous attention to detail and exquisite features. The first floor's 9 ft ceilings with two story living room create a sense of grandeur and spaciousness, making every moment spent in this home truly remarkable. Full bathroom and guest room provides a tranquil retreat. Kitchen and walk-in pantry adds a touch of sophistication, while the marble countertops and island exude opulence. Cozy up by the fireplace in the spacious den or indulge in fine dining in the elegant and expansive dining room. On the Second floor you'll be greeted by bridge to see the living room that creates an open and airy atmosphere. Four bedrooms await, each meticulously designed to provide the utmost comfort and style. The primary bedroom with walk in closet is a sanctuary of luxury, and boasts a substantial ensuite bathroom as a haven of relaxation, adorned with high-end fixtures and finishes that create a spa-like retreat within the comfort of your own home. Two full bathrooms and Second floor dedicated laundry room ensures convenience and efficiency. As you step into the full basement, you'll be greeted by soaring high ceilings that create an open and airy atmosphere. Technological advancements include new heat pump inverter technology, a WiFi appliances, and a smart sprinkler system, resulting in minimal utility bills for solar system owners. Outside covered deck + brick patio and spacious backyard, perfectly designed for entertaining guests or enjoying peaceful moments of solitude. This home is a testament to luxury and refinement for creating cherished memories.
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| Jul 19, 2023 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017