4221 Pine Needle Court
About This Property
Step into the impressive two-story living room featuring a cozy stone fireplace, abundant natural light, and open sightlines to the rest of the home. The layout flows effortlessly into a gourmet kitchen with large island and dining space that boasts tons of natural light, perfect for everyday living and entertaining.
The master suite combines beauty and functionality. Large bedroom with large windows flows into a spacious bathroom with double vanity, tub, and walk in shower. Just through the bathroom is a large walk in closet that leads into the laundry room with mudroom bench for added convenience and storage.
Downstairs, you will find a guest suite with bedroom and dedicated bathroom, a study currently used as an exercise room, and a formal dining room that could be used as an office, formal living, or more. Upstairs you will find 3 bedrooms and a spacious game room- perfect for families with kids.
Enjoy the functionality of a three-car tandem garage, ideal for extra storage or hobby space. Outside, the oversized .435-acre lot provides privacy and room to roam. The backyard is an entertainer's dream with a covered patio, a spacious lawn, and your very own Pickleball court-a rare and exciting feature!
Located just a short walk from the elementary school, this home offers both luxury and practicality in a highly sought-after area.
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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 23, 2025 | Sold | ||
| Sold | |||
| Aug 25, 2025 | In contract | - | |
| In contract | |||
| Aug 17, 2025 | Price Decreased |
$895,000
↓ $5K
(0.6%) | |
| Price Decreased | |||
| Jul 22, 2025 | Price Decreased |
$899,999
↓ $30K
(3.2%) | |
| Price Decreased | |||
| May 29, 2025 | Price Decreased |
$929,999
↓ $45K
(4.6%) | |
| Price Decreased | |||
Property Highlights
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017