4051 Modlin Avenue
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 |
|---|---|---|---|
| Apr 25, 2024 | Sold | ||
| Sold | |||
| Mar 20, 2024 | Listed by Williams Trew Real Estate | $1,950,000 | |
| Listed by Williams Trew Real Estate | |||
| | |||
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Nestled in a desirable neighborhood just blocks away from River Crest Country Club, this stunning two-story home with an additional guest house features meticulous attention to detail and luxurious finishes throughout. As you step inside, you'll be greeted by an expansive downstairs, perfect for entertaining guests. The layout seamlessly flows from the elegant foyer to the inviting living spaces, adorned with beautiful hardwood floors that add charm to every room. The fabulous kitchen is equipped with top-of-the-line Viking appliances, ample counter space, storage and a little breakfast nook to enjoy your morning coffee. A dedicated wine cellar awaits offering the perfect environment to store. The luxurious primary suite is a true retreat, featuring a cozy fireplace and walk-in closet. French doors adorn the living spaces leading out to private patios and turfed backyard. Don't miss the opportunity to make this exquisite residence your own and experience luxury living at its finest.
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| Nov 9, 2019 | No longer available | - | |
| No longer available | |||
| Nov 4, 2019 | Sold | ||
| Sold | |||
| Jun 12, 2019 | Price Decreased |
$935,000
↓ $40K
(4.1%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017