400 Simons Avenue
About This Property
Step inside to experience the fresh ambiance created by new plush carpet in the bedrooms and sleek vinyl plank flooring throughout the rest of the home. The entire interior has been graced with fresh, neutral paint, crafting a perfect canvas for your personal style. Both bathrooms have been thoughtfully updated, boasting contemporary fixtures and finishes that lend an air of sophistication.
You will be captivated by the living room's vaulted ceilings, enhancing the sense of space and light. Gather around the warm, wood-burning fireplace, perfect for cozy nights and creating lasting memories. Adjacent to the living area, the formal dining space is ideal for hosting elegant dinners or casual family meals.
Throughout the home, all-new light fixtures add a modern touch and enhance the inviting atmosphere. The property comes with the reassurance of a lifetime transferable warranty on the foundation provided by Advanced Foundation, ensuring long-term peace of mind.
The property's exterior is just as inviting, featuring a front-entry two-car garage and a spacious covered patio that promises enjoyable outdoor living year-round. The backyard is enclosed with a chain link fence while mature shade trees add a serene ambiance. Whether it's enjoying a morning coffee or an evening barbecue, this outdoor space is perfect for relaxation or entertaining guests.
For those seeking convenient financing options, this home qualifies for $0 down USDA financing with approved credit, presenting an excellent opportunity for homeownership with minimal upfront costs.
Call today to schedule your private showing.
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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 9, 2025 | Sold | ||
| Sold | |||
| May 12, 2025 | In contract | - | |
| In contract | |||
| Feb 21, 2025 | Listed by Coldwell Banker Apex, REALTORS | $249,900 | |
| Listed by Coldwell Banker Apex, REALTORS | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017