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429 INVERNESS ROAD
About This Property
Step inside to discover a bright, flowing floor plan designed for both elegant entertaining and relaxed daily living. The main level greets you with adjoining formal living and dining rooms that transition seamlessly into the heart of the home: a stunning, updated eat-in kitchen. This space boasts double pantries for ample storage, upgraded quartz countertops, a brand-new stainless steel appliance package, and chic updated lighting throughout.
Open to the kitchen is an inviting family room anchored by a full-brick fireplace (prepped for a gas insert). Wall-to-wall glass doors not only flood the space with natural light but also frame a fabulous view of the expansive, fully usable backyard-complete with an adorable storage shed. A tastefully designed powder room finishes off the main floor.
Upstairs, you will find four generously sized bedrooms and two full bathrooms. The sprawling primary suite serves as a true retreat, offering a great sized bedroom and an incredible walk-in closet. For ultimate everyday convenience, the laundry is also perfectly situated on the upper level.
With thoughtful renovations and meticulous attention to detail, this Scotland Run stunner is completely move-in ready. Schedule your tour today!
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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 |
|---|---|---|---|
| Nov 5, 2026 | In contract | - | |
| In contract | |||
| Oct 8, 2026 | Listed by BHHS Fox & Roach-Washington-Gloucester | $469,900 | |
| Listed by BHHS Fox & Roach-Washington-Gloucester | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017