424 Cook Avenue
About This Property
Upon entry, the warm ambiance of the living room welcomes you, seamlessly transitioning into a formal dining area - a perfect space for hosting dinners and memorable gatherings. The fully updated eat-in kitchen becomes the star of the home, showcasing high-quality stainless steel appliances and ample cabinetry, offering both functionality and style.
Flexibility is a defining feature of this gem. With 2 generous bedrooms located on the first floor and an additional 2 on the second, it offers the convenience of a multi-generational layout or the luxury of a private upstairs retreat. But that's not all. Venture downstairs to discover a full finished basement, masterfully designed to be the ultimate entertainment haven. Here, the dedicated home theatre awaits, offering cinematic experiences in the comfort of your own home. Beyond entertainment, this space is also ideal for storage or can be transformed into a personalized recreation room or guest suite.
Outdoors, the property continues to impress. A fenced-in backyard provides a secure space for relaxation or playful activities, punctuated by a handy storage shed - perfect for gardening tools or recreational equipment.
Location is paramount, and this home delivers. Positioned close to major highways like 287, 28, and 22, daily commuting is a breeze. For those preferring public transportation, the home is a short hop to commuter rail and parking lots.
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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 15, 2024 | Sold | ||
| Sold | |||
| Jan 13, 2024 | In contract | - | |
| In contract | |||
| Jan 2, 2024 | Relisted | $479,900 | |
| Relisted | |||
| Nov 3, 2023 | In contract | - | |
| In contract | |||
| Oct 5, 2023 | Listed by RE/MAX Central | $479,900 | |
| Listed by RE/MAX Central | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017