346 Baker Street
About This Property
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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 |
|---|---|---|---|
| Nov 8, 2023 | Sold | ||
| Sold | |||
| Sep 1, 2023 | Listed by 8z Real Estate | $965,000 | |
| Listed by 8z Real Estate | |||
| Jul 17, 2023 | Listed | $950,000 | |
| Listed | |||
| | |||
|
This unique custom-designed home, constructed in 2015, is situated on a spacious 1/3-acre lot. Combining contemporary and Craftsman styles, this residence offers a distinctive blend of architectural elements. Notably, its standout feature lies in its seamless integration of indoor and outdoor living spaces, with various walk-out porch areas and a generous front porch. The property's versatility allows it to serve different purposes. It functions excellently as a well-appointed single-family home, complete with a loft currently utilized as an office or studio. Alternatively, it can accommodate multiple families, as it features a 2nd kitchen in the lower level with a separate entry. The main level encompasses a sizeable office, an open floor plan, two expansive living spaces, and a stunning kitchen. The kitchen boasts beautiful built-in cabinets, leathered granite countertops, a live edge wood peninsula bar, & exquisite slate floors. High-end appliances, including a beautiful 6-burner gas stove, contribute to the kitchen's allure. The primary bedroom offers an open and serene atmosphere, accompanied by a luxurious spa-like bathroom, heated floors, walk-in closet featuring high-end built-ins, and a private patio leading to a hot tub and gas fireplace, the primary suite provides a relaxing retreat. Additionally, 2nd bedroom functions as a junior suite, featuring a shared ensuite, a spacious walk-in closet, & a private patio adorned w/ custom iron gate and fireplace. Ascending the repurposed beetle-kill wood steps, you'll reach the loft area. The lower level of the home offers a bright garden-level family space, a 2nd kitchen w/ washer & dryer hookups. Walk-up steps from this area lead to the ground-level side yard & gardens. The lower level comprises a lovely garden-level bedroom with a large walk-in closet, a 3/4 bathroom, and a gym space with its own entrance. Overall, this is ideal for a single family, multiple families, or even as a sought-after Airbnb destination.
| |||
| Jun 2, 2023 | Listed | $995,000 | |
| Listed | |||
| | |||
|
This unique custom-designed home, constructed in 2015, is situated on a spacious 1/3-acre lot. Combining contemporary and Craftsman styles, this residence offers a distinctive blend of architectural elements. Notably, its standout feature lies in its seamless integration of indoor and outdoor living spaces, with various walk-out porch areas and a generous front porch. The property's versatility allows it to serve different purposes. It functions excellently as a well-appointed single-family home, complete with a loft currently utilized as an office or studio. Alternatively, it can accommodate multiple families, as it features a 2nd kitchen in the lower level with a separate entry. The main level encompasses a sizeable office, an open floor plan, two expansive living spaces, and a stunning kitchen. The kitchen boasts beautiful built-in cabinets, leathered granite countertops, a live edge wood peninsula bar, & exquisite slate floors. High-end appliances, including a beautiful 6-burner gas stove, contribute to the kitchen's allure. The primary bedroom offers an open and serene atmosphere, accompanied by a luxurious spa-like bathroom, heated floors, walk-in closet featuring high-end built-ins, and a private patio leading to a hot tub and gas fireplace, the primary suite provides a relaxing retreat. Additionally, 2nd bedroom functions as a junior suite, featuring a shared ensuite, a spacious walk-in closet, & a private patio adorned w/ custom iron gate and fireplace. Ascending the repurposed beetle-kill wood steps, you'll reach the loft area. The lower level of the home offers a bright garden-level family space, a 2nd kitchen w/ washer & dryer hookups. Walk-up steps from this area lead to the ground-level side yard & gardens. The lower level comprises a lovely garden-level bedroom with a large walk-in closet, a 3/4 bathroom, and a gym space with its own entrance. Overall, this is ideal for a single family, multiple families, or even as a sought-after Airbnb destination.
| |||
| Mar 24, 2023 | Listed by 8z Real Estate | $1,075,000 | |
| Listed by 8z Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017