41864 Borealis
About This Property
This smart home was redesigned to feature several smart home features that will come with the property. The smart home system consists of Audio System and video surveillance cameras and a commercial grade DVR. This beautiful property has been totally transformed into a new home! The open floor plan features a bedroom in the first floor with a half bath. The kitchen was upgraded with new white shaker kitchen cabinets with quartz countertops. The newly redesigned dining room was upgraded with a new dry bar with shelves and lighting to display your favorite items. The family room features a new redesigned electric fire place and tile design for the perfect ambiance and relaxation. The whole house was upgraded to new light fixtures and new ceiling fans inside each bedroom. The first floor features a 24x48 porcelain tile and all new water proof vinyl flooring inside all bedrooms and the stairs. The baseboard was replaced with a 5 inch baseboard. This home features all new interior doors, new front double door, new garage door and all new windows and two new sliding doors. The interior staircase railings were upgraded to a new all black metal to complete the modern look of this Amazing home . The two full bathrooms were recently upgraded to a new tile design featuring sliding glass doors and upgraded shower heads with resort style amenities such a sprayer and a 24 inch shower drain. The master bedroom features a glass door for the toilet room. All bathrooms feature a smart blue tooth mirror with lights and speakers to play your favorite music. The front and backyard landscaping was redesigned and the property railings were recently replaced with new all black metal railings. The garage floor was painted with epoxy paint. This property features a new tile roof and new interior and exterior paint.
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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 |
|---|---|---|---|
| Sep 3, 2026 | Sold | ||
| Sold | |||
| Aug 7, 2026 | In contract | - | |
| In contract | |||
| Aug 7, 2026 | Price Increased |
$870,000
↑ $20K
(2.4%) | |
| Price Increased | |||
| Jul 16, 2026 | Listed by Acevedo Real Estate Professionals | $849,900 | |
| Listed by Acevedo Real Estate Professionals | |||
| Sep 24, 2025 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017