425 Sounding Street
About This Property
Step inside to a grand foyer where soaring ceilings, designer finishes, and abundant natural light set the tone for refined living. The gourmet kitchen is a statement of elegance, featuring quartz countertops, custom cabinetry, and top-tier stainless steel appliances-all seamlessly flowing into an inviting living space designed for both elevated entertaining and intimate gatherings.
The primary suite is a private sanctuary with a spa-inspired ensuite and a spacious walk-in closet. Upstairs, additional bedrooms, a media room, and a game room provide versatility and comfort for modern lifestyles.
Beyond the interiors, a serene covered patio and lush backyard invite outdoor relaxation, while the exclusive community amenities-resort-style pools, scenic walking trails, and lush green spaces-offer an unparalleled lifestyle.
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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 |
|---|---|---|---|
| Jun 30, 2025 | Sold | ||
| Sold | |||
| May 28, 2025 | In contract | - | |
| In contract | |||
| Feb 10, 2025 | Listed by EXP REALTY | $710,000 | |
| Listed by EXP REALTY | |||
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Last Updated: 2 years ago
Data Source: NTREIS MLS, MLS# 20840600
Details provided by NTREIS and may not match the public record
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017