4318 Nitschke ST
About This Property
The main floor impresses with a spacious, open layout connecting the living, dining, and kitchen areas, alongside a desirable primary suite. High ceilings and large windows flood the space with natural light, highlighting the durable, low-maintenance plank tile flooring throughout. The living area is entertainment-ready with installed ceiling speakers, while the adjacent dining area, accented by a stylish shiplap wall, flows seamlessly into the chef's kitchen. Equipped with quartz countertops, shaker cabinets, and stainless steel appliances, the kitchen offers practicality and style. Tucked away for privacy on this level, the primary suite features a spa-like bathroom accessed through a custom barn door, complete with dual vanities, a walk-in shower, and a walk-in closet.
Upstairs, the loft area provides flexible space perfect for a game room, office, or additional living area. Engineered bamboo flooring is used throughout the upstairs for durability and style. This level conveniently houses the spacious laundry room. Two guest bedrooms and two full bathrooms (one ensuite), complete the second level, offering plenty of space for family or visitors.
The backyard is custom designed for low-maintenance living. Enjoy the covered patio equipped with a gas hookup, ceiling fan, and sun shades – ideal for relaxing or entertaining outdoors. The garden area features an automatic watering system, and the turf yard eliminates the need for mowing. The two-car garage has alley access and overhead storage racks for added convenience.
Recently upgraded with a new metal roof (Dec 2023), this gently lived-in home offers both style and durability. Living in Mueller means enjoying numerous community amenities, including parks, trails, pools, shops, and dining, all just minutes away from this exceptional home.
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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 |
|---|---|---|---|
| May 7, 2025 | Withdrawn | - | |
| Withdrawn | |||
| May 4, 2025 | Relisted | $1,065,000 | |
| Relisted | |||
| Apr 29, 2025 | In contract | - | |
| In contract | |||
| Apr 18, 2025 | Price Decreased |
$1,075,000
↓ $10K
(0.9%) | |
| Price Decreased | |||
| Apr 4, 2025 | Price Decreased |
$1,085,000
↓ $15K
(1.4%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017