407 Sitlington LN
About This Property
The heart of this home is the stunning high-end kitchen, where the oversized island beckons for lively gatherings, while the fireplace invites you to snuggle up for cozy nights in. Adorned with exquisite finishes such as white shaker cabinetry, Quartz counters, and stainless steel appliances, every detail exudes sophistication. Plus, a spacious walk-in pantry means staying organized while keeping everyone satisfied for nights on the go at the ball field or dinners in.
Natural light floods through abundant windows, accentuating the soaring ceilings and 8-foot doors, creating an airy and inviting atmosphere. The open layout seamlessly flows into an oversized study, game room, and media room, offering endless possibilities for relaxation and entertainment.
Step outside to discover the allure of the covered patio, complete with plumbing for a future outdoor kitchen, overlooking the spacious and flat usable yard. With only one owner and completed in December 2020, this home presents the perfect opportunity to skip the waiting and stress of building new, while enjoying all the benefits of a pristine, move-in ready residence. Monthly mandatory yacht club fee of $89.85.
But the allure doesn
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Cap Rate Calculator
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 |
|---|---|---|---|
| Feb 13, 2025 | Relisted | $699,000 | |
| Relisted | |||
| Feb 1, 2025 | Withdrawn | - | |
| Withdrawn | |||
| Aug 22, 2024 | Price Decreased |
$700,000
↓ $40K
(5.4%) | |
| Price Decreased | |||
| Jul 22, 2024 | Price Decreased |
$740,000
↓ $10K
(1.3%) | |
| Price Decreased | |||
| Jun 13, 2024 | Price Decreased |
$750,000
↓ $49K
(6.1%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017