3707 Darcus Street
About This Property
The formal living room was built around a Steinway grand piano. Coffered, wallpapered ceilings. Formal dining room seats 12 with room to spare. High-end plumbing hardware. Primary bath has a seated dual vanity with mirror that doubles as a television screen. Sunroom with extensive fenestration overlooks very large heated pool and hot tub. Four zones of air and heat. Recent exterior paint and roof.
Leathered natural nonstaining Quartzite countertops, Subzero refrig/freezer; 4 Wolf ovens, one a steam convection oven. Even the laundry room has hand-painted Italian tile and Westheimer Plumbing hardware. Agent related to Seller.
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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%.
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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 |
|---|---|---|---|
| Mar 23, 2023 | Sold | ||
| Sold | |||
| Jan 11, 2023 | Listed by Douglas Elliman Real Estate | $2,130,000 | |
| Listed by Douglas Elliman Real Estate | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017