4525 Abbey Place
About This Property
Brought back to its original luster with a modern taste, this two bedroom, one bathroom 1915 craftsman bungalow is a renovated dream. With a formal dining room, living room, office, sunroom, and gourmet kitchen. How could you resist inviting friends over to come marvel in the bungalow's contemporary radiance. Equipped with state of the art amenities and storage (think closets and cabinets), the open floor plan allows for plenty of natural light and functional space accented with beautiful white french doors. If you are somebody who enjoys working from home, there is a small office that can be accessed through the side entrance of the home or even from the dining room. The master bedroom is situated next to a gorgeous sunroom perfect for those lazy Sunday mornings with a good book and a cup of coffee. The home has wide plank engineered real wood flooring throughout, brand new dual paned windows, central heating and cooling and dual vanity in the bathroom that includes a separate shower and tub. Fully renovated with Trex composite, the expansive front porch is what makes this home so artistically craftsman built with grand pillars and stairs to that lead to the front door. This modern renovated house is move-in ready so welcome home!
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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%.
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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 |
|---|---|---|---|
| Aug 9, 2020 | No longer available | - | |
| No longer available | |||
| May 20, 2020 | Listed by Engel & Volkers Santa Monica | $975,000 | |
| Listed by Engel & Volkers Santa Monica | |||
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This striking craftsman single family home has maintained its original luster and upgraded with a modern taste. The front porch entry makes this home artistically inviting built with grand pillars and stairs that lead up to the door. Open living and dining area are filled with natural light and this functional space is accentuated with beautiful white French doors and original molding detail. Gourmet kitchen is not only beautifully remodeled with plenty of cabinet space, stainless steel appliances, but it's also set up for any chef with ample counter space. The office/den can be used as a 3rd bedroom. Master bedroom is ample in size and is situated next to a gorgeous sunroom perfect for your morning coffee, yoga, reading or just to bask in the sun. Beautiful wide plank hardwood floors throughout. One full bath with dual vanity that includes a separate shower and tub. A newly added half bathroom and a private landscaped patio perfect for entertaining. The manager has listed the unit size as 1311 square feet.
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| Oct 25, 2017 | Sold | ||
| Sold | |||
| Sep 2, 2017 | Listed | $795,000 | |
| Listed | |||
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Brought back to its original luster with a modern taste, this two bedroom, one bathroom 1915 craftsman bungalow is a renovated dream. With a formal dining room, living room, office, sunroom, and gourmet kitchen. How could you resist inviting friends over to come marvel in the bungalow’s contemporary radiance. Equipped with state of the art amenities and storage (think closets and cabinets), the open floor plan allows for plenty of natural light and functional space accented with beautiful white french doors. If you are somebody who enjoys working from home, there is a small office that can be accessed through the side entrance of the home or even from the dining room. The master bedroom is situated next to a gorgeous sunroom perfect for those lazy Sunday mornings with a good book and a cup of coffee. The home has wide plank engineered real wood flooring throughout, brand new dual paned windows, central heating and cooling and dual vanity in the bathroom that includes a separate shower and tub. Fully renovated with Trex composite, the expansive front porch is what makes this home so artistically craftsman built with grand pillars and stairs to that lead to the front door. This modern renovated house is move-in ready so welcome home! The manager has listed the unit size as 1311 square feet.
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| Aug 3, 2017 | Listed by Seven Gables Real Estate | $795,000 | |
| Listed by Seven Gables Real Estate | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017