3481 Bluestem St
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 |
|---|---|---|---|
| Jun 24, 2025 | Sold | ||
| Sold | |||
| May 29, 2025 | In contract | - | |
| In contract | |||
| May 1, 2025 | Listed by Porchlight Real Estate Group | $799,000 | |
| Listed by Porchlight Real Estate Group | |||
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Welcome to 3481 Bluestem St-where thoughtful upgrades, designer touches, and expansive living spaces come together in one beautifully finished home. From the widened driveway to the custom basement bar, no detail has been overlooked. Inside, enjoy an open layout with a floor-to-ceiling stone fireplace, remote-controlled blinds, upgraded lighting, and a kitchen featuring pull-out shelving, under-cabinet lighting, tile backsplash, and solid-surface counters. The main-level primary suite includes upgraded LVP flooring and a spa-like custom 2-person shower with bench and premium glass surround. Every closet has been upgraded with wood shelving, and ceiling fans have been added to all bedrooms, the office, and Great Room. The fully finished basement (2025) features two large bedrooms with walk-in closets, a full and half bath, a spacious rec room, theater area with stone fireplace, and a stunning bar with ice maker, dishwasher, wine fridge, beverage fridges, lighted bottle shelves, and space for a kegerator. Outside, relax on the 16x25 ft stamped concrete patio, complete with porch heater, ceiling fan, artificial turf, garden beds, and full landscaping with soaker hoses (and, of course, don't miss the mountain views!!). The garage is fully insulated, drywalled, and upgraded with additional lighting, outlets, and a 50-amp RV hookup. Additional upgrades include Sonos-controlled ceiling speakers, smart RING security system (front, back, and doorbell), upgraded carpets, stair lighting, custom railings, and more. This home is move-in ready and packed with premium features!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017