3409 MENLO DR
About This Property
This stunning renovation features an open floor plan, over 2,300 square feet of living space, 4 bedrooms, and 2.5 bathrooms, including a luxurious master suite on the main floor.
As you enter the home, you'll be greeted by an open floor plan, a beautiful electric fireplace, and a stunning accent wall. The kitchen is just as impressive, with stainless steel appliances and quartz countertops. From the kitchen, you can step out onto your private backyard and detached garage.
On the main floor, you'll find the primary bedroom and bathroom, which have been beautifully updated with a tile shower and upgraded bath vanity. Upstairs, you'll find 3 additional bedrooms and a bathroom. The bedrooms are all generously proportioned and bathed in natural light. The basement is fully finished and includes a laundry hookup, making it the perfect space for additional living space, a home office, or a recreation room. This home also has all-new energy-efficient windows and a new roof.
This home is a true beauty, and it's sure to make you feel like you're living in a dream.
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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 |
|---|---|---|---|
| Oct 6, 2023 | Sold | ||
| Sold | |||
| Sep 26, 2023 | In contract | - | |
| In contract | |||
| Sep 22, 2023 | Relisted | $374,900 | |
| Relisted | |||
| Sep 3, 2023 | In contract | - | |
| In contract | |||
| Aug 1, 2023 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017