349 Knipp Road
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 |
|---|---|---|---|
| May 9, 2022 | Sold | ||
| Sold | |||
| Apr 13, 2022 | Listed by Martha Turner Sotheby's | $2,350,000 | |
| Listed by Martha Turner Sotheby's | |||
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Tucked away on a dead end street (don't let the address fool you), this sprawling one story home is situated on an incredibly private rectangular Bunker Hill Village acre. This lovely classic home features 5 bedrooms, 6.5 baths, a large family room with high ceilings, formal living and dining, a spacious kitchen and breakfast room, a huge game room, a study, an extremely large primary suite with a primary bath which is actually 2 baths with 2 water closets, a whirlpool tub, a separate shower and 2 vanities and space for an exercise room. Other standouts include: a 4 car garage, a log cabin retreat with an additional 589 square feet attached to the garage with a half bath, a gun closet, a beautiful pool, 4 fireplaces, hardwoods, a courtyard, a porte cochere, tons of storage and an amazing backyard. This property offers many wonderful opportunities: build now, live as is and/or renovate. Zoned to excellent schools: Frostwood Elementary, Memorial Middle and Memorial High School.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017