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493 Mitchell Drive
About This Property
Enjoy a spacious formal living room and formal dining room, a striking fireplace that adds warmth and architectural character with a 10 ft. picture window capturing spectacular nightly sunset views. The dine-in kitchen offers comfortable space for casual meals, while the family room provides an additional place to relax, gather, or spread out. Sliding glass doors lead to a bluestone patio, perfectly positioned for outdoor dining and lounging surrounded by mature plantings that provide privacy and a tranquil, established setting.
With its thoughtful layout, abundant light, and timeless design, this home offers a distinctive blend of style and comfort rarely found in today's market. A unique opportunity to own a true mid-century inspired residence with space, setting, and character-493 Mitchell Drive is a real treasure.
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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 |
|---|---|---|---|
| Jun 26, 2026 | Sold | ||
| Sold | |||
| May 6, 2026 | In contract | - | |
| In contract | |||
| Mar 27, 2026 | Listed by William Raveis Real Estate | $825,000 | |
| Listed by William Raveis Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017