51 Durand Drive
About This Property
The luxurious Primary Suite features an architectural ceiling, a walk-in closet with custom California-style built-ins, and a spa-like bath with a custom wood double vanity, granite countertops, a Whirlpool tub, and a frameless shower. Two additional bedrooms share a beautifully appointed main bath with granite counters and a twin undermount sink vanity. The finished basement offers additional living space and ample storage.Outside, the backyard is a private paradise with a 55-ft Trex-like multi-level deck with aluminum and cable railings, a Blue Stone patio, an inground pool, and an outdoor stone fireplace, perfect for entertaining. Additional highlights include copper leaders and gutters, Hardy board siding, 3-zone HVAC, a newer roof, and twin hot water heaters.
This home must be seen in person to truly be appreciated
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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 |
|---|---|---|---|
| Aug 15, 2025 | Sold | ||
| Sold | |||
| Apr 3, 2025 | In contract | - | |
| In contract | |||
| Mar 27, 2025 | Listed by Coldwell Banker Realty | $1,350,000 | |
| Listed by Coldwell Banker Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017