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3317 Founding Place
About This Property
The main level includes a spacious primary suite, study, laundry room, and vaulted family room that opens to a vaulted screened porch with fireplace. The kitchen is complemented by a scullery and walk-in pantry along with a large dining space and 10' island.
Upstairs, you'll find three additional bedrooms, each with a private attached bathroom, along with a rec room featuring a wet bar and a secondary stackable laundry area. A dramatic two-story foyer and custom finishes and features throughout complete the home.
Buyers currently have the opportunity to personalize the interior selections and features by working directly with the builder and designer. Anticipated completion is April 2027.
Photos are of previously built HBD homes in The Founding
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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 |
|---|---|---|---|
| Sep 18, 2026 | In contract | - | |
| In contract | |||
| May 27, 2026 | Listed by Homes by Dickerson Real Estate | $1,899,000 | |
| Listed by Homes by Dickerson Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017