49339 Constitution Drive
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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.
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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 16, 2023 | No longer available | - | |
| No longer available | |||
| Aug 4, 2023 | In contract | - | |
| In contract | |||
| Jul 15, 2023 | Listed by Bennion Deville Homes | $1,650,000 | |
| Listed by Bennion Deville Homes | |||
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Luxury awaits in this prestigious Madison Estates home!This immaculate 4 bed,5 bath is a true gem, boasting contemporary finishes & unparalleled elegance.Spanning 4,588 sf,this remarkable home offers the perfect blend of style,function & comfort. Inside you'll discover a seamless open-concept layout,featuring a sophisticated den/office/5th bedroom,providing a tranquil space for work or relaxation.The spacious living area sets the stage for gatherings,complete with a built-in entertainment center & natural flow into the dining area.Accordion doors create a stunning fusion of indoor & outdoor living.The gourmet kitchen is a culinary dream,with top-of-the-line appliances including dual ovens,dual wine chillers & oversized center island.Retreat to the luxurious primary suite with a spa-like ensuite, featuring a soaking tub,massive glass-enclosed shower,his & hers walk-in closets & dual vanities.3 additional well-appointed bedrooms include en-suite baths & walk-in closets.The allure of this magnificent property continues outdoors where a private backyard oasis awaits with a sparkling pebble tech saltwater pool & spa,cozy firepit,lushly landscaped half-acre lot & covered patio with outdoor kitchen, mist system,TV,fireplace,elegant landscape lighting & more!Other upgrades include fresh exterior paint & new LVP flooring.With its coveted interior lot location, you'll enjoy quiet comfort & easy access to world-class shopping,dining, golf, Empire polo club,IW tennis garden & more! The manager has listed the unit size as 4588 square feet.
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| May 10, 2021 | Sold | ||
| Sold | |||
| Jan 5, 2021 | Listed by Bennion Deville Homes | $1,249,000 | |
| Listed by Bennion Deville Homes | |||
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This amazing home located behind the gates of Madison Estates has nearly 4,600 square feet of open living space and sits on over a half acre lot. With 4 bedrooms, 5 bathrooms and a bonus room, this fantastic home with a soft contemporary feel has plenty of upgrades. The great room with a built-in media niche has an expansive accordion glass door making the transition from inside to outside effortless. A gourmet kitchen with rich wood cabinetry, granite slab counters, stainless steel appliances, wine refrigerators and walk-in pantry will impress any chef. The Master suite with rear patio access is massive, and has an equally impressive Master bath with dual sinks, large shower, soaking tub and a walk-in closet with owner's lock off for personals. The outdoor area is an entertainers delight, with lounging area, TV, fireplace, large pool, with tanning shelf and spa, complete with built-in BBQ and misters. Close to the world famous Polo Grounds host to Coachella Fest and StagCoach.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017