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46 Fountain Place
About This Property
Upon entering, you'll immediately notice the refinished hardwood floors throughout and the abundance of natural light streaming into the spacious living room through newer windows, complemented by a ceiling fan. The eat-in kitchen is tastefully updated with quartz countertops and stainless steel appliances, offering both style and functionality.
The main level also includes two generously sized bedrooms and a fully updated bathroom. Upstairs, you'll find two versatile living areas. The left side features a half bath, a large closet, and flexible space that could potentially serve as a third bedroom. The right side offers additional room ideal for a home office, family room, or creative space.
Step outside to a partially fenced backyard with plenty of room for entertaining or relaxing. A rear deck provides convenient access directly into the kitchen.
The basement offers excellent potential for future finishing and additional living space.
Notable upgrades include natural gas heating, new central air conditioning, a new water heater, municipal water and sewer, and a brand-new roof completed in 2025.
Conveniently located near major shopping, dining, and entertainment, and less than two miles from the Metro-North train station for easy commuting.
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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 11, 2026 | Sold | ||
| Sold | |||
| Mar 28, 2026 | In contract | - | |
| In contract | |||
| Feb 25, 2026 | Listed by RE/MAX Town & Country | $375,000 | |
| Listed by RE/MAX Town & Country | |||
| Sep 19, 2017 | Sold | ||
| Sold | |||
| Jun 3, 2017 | Listed by RE/MAX Town & Country | $84,900 | |
| Listed by RE/MAX Town & Country | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017