397 HORIZON HILLS DR
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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.
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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 |
|---|---|---|---|
| Feb 5, 2025 | Sold | ||
| Sold | |||
| Jan 2, 2025 | Listed by Judson Real Estate | $1,198,800 | |
| Listed by Judson Real Estate | |||
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Located in the desirable Horizon Hills neighborhood, this beautifully maintained home offers vaulted ceilings, a formal dining and living area with fireplace perfect for a more formal gathering while there is a bright and airy oversized family room with another dining area with another fireplace that is perfect for large gatherings and entertaining that can be extended to the stone patio complete with two water features and the feeling of being in Italy or France at an outdoor café. The kitchen has a Tuscany feel with granite countertops, cherry cabinets, high end stainless steel appliances including double ovens and a 6 burner stove top with pot filler. Off of the kitchen bar is a large sliding glass door that leads out onto the patio complete with a built in BBQ and extra large beautifully landscaped yard with plenty of room to play lawn games add a pool or possibly and ADU. Upstairs you will find two bedrooms, an upgraded bathroom with walk in shower and a primary bedroom with an en-suite and new French doors that lead out to a balcony. The home has fully owned solar, duel heating and air making the home energy efficient and the roof is only two years old. This home really has been maintained beautifully and it will show once you walk through the front door!
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| May 16, 2023 | Sold | ||
| Sold | |||
| Apr 16, 2023 | Listed by Coldwell Banker West | $1,050,000 | |
| Listed by Coldwell Banker West | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017