48 LAVENDER DRIVE
About This Property
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| Jun 2, 2025 | Sold | ||
| Sold | |||
| Apr 9, 2025 | In contract | - | |
| In contract | |||
| Mar 27, 2025 | Listed | $600,000 | |
| Listed | |||
| | |||
|
Offer accepted. Welcome to your dream home in the highly sought-after Willow Ridge! This stunning, immaculate 4-bedroom, 2 1/2-bath beauty greets you with a grand two-story foyer. The main level also features a spacious office for all your work-from-home needs; a formal living room; chef's dream kitchen with stainless steel appliances, a center island, double sink, double wall oven, pantry, white cabinets, granite countertops, a custom backsplash, and sliders that open up to your very own backyard oasis; family room with soaring ceilings, stone gas fireplace, and back stairs leading to the second floor; spacious laundry room; updated powder room with tile flooring and a half wall. Upstairs, you'll find four spacious bedrooms, all with ceiling fans and hall bath with double sinks. The master suite is a true escape, featuring double door entry; vaulted ceilings; recessed lighting and luxurious master bath with soaking tub, double sinks, and a massive walk-in closet. The magic continues outside, where your backyard is truly a private retreat - take a dip in the built-in pool, featuring a newer heater, a new breaker. Yard is fully fenced and also features an electric awning and shed. Need more space? The humongous basement with high ceilings is ready to be transformed into anything your heart desires, and it already comes with a radon system in place for peace of mind. This home also boasts a 3 year old roof, new spindles on the staircase, wainscoting throughout the main level, a 2-car attached garage, dual zoned heating & air, in-ground sprinkler system and maple hardwood flooring throughout most of the home. Don’t miss out on this one-of-a-kind gem in Willow Ridge – it’s everything you’ve been looking for and more! Don't delay - make your appointment today! Sellers are looking for an early June closing. Refrigerator is being sold in as-is condition - the ice maker is not working.
| |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017