511 Evergreen Avenue #2B
About This Property
** Brand New Condominium in Bushwick ** Expansive 1 & 2 Bedroom Residences with Open Floor Plans, In-Unit Washer and Dryer, Many Apartments with Private Outdoor Space, Stunning Stainless Steel Kitchens, Wide-Plank Hardwood Flooring Throughout, Great Closet Space, Oversized Windows, Luxurious Finishes, in an Elevator Building with Large Zen Garden, Video Intercom, Building with Keyless Entry with Parking Available for Purchase **
The Evergreen On Putnam Condominium has been developed with the most discerning eye, boasting expansive open floor plans lined with wide-plank hardwood flooring and pristine finishes. Each home has been beautifully crafted with a modern-day luxurious touch including quartz countertops juxtaposed with deep gray and white cabinetry, custom woodwork, white subway tile backsplash in the kitchen, where you'll also find a stainless steel appliance suite including whirlpool oven, stove, built-in microwave, and a sleek integrated dishwasher. All residences include in-unit washer and dryers for convenience, and many homes include a balcony, terrace, or patio. All residents enjoy access to the large second floor zen garden, so consider that as an extension to your home.
The open floor plans provide an ease of entertaining and spreading out, with the kitchen seamlessly blending into the spacious living rooms where you can easily include a large couch, dining area, and work-from-home nook with ease. All bedrooms include ample closet space, are queen-size or larger and can accommodate additional furniture. Oversized windows provide each home with tons of natural light, and multiple closets can be found throughout each home.
Bushwick, quickly gaining traction as one of the new frontiers of NYC's creative scene, reflecting the area's welcoming and modest vibe, offering neighborhood favorites such as Father Knows Best, Industry 1332, House of Yes, and The Bushwick Starr to name a few.
The Evergreen On Putnam Condominium is located within close proximity to M and L Trains at Myrtle - Wyckoff Avenue Halsey St, J/Z Trains at Gates Avenue, and near a handful of bus routes.
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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 |
|---|---|---|---|
| Jul 14, 2022 | In contract | - | |
| In contract | |||
| Jul 13, 2022 | Sold | ||
| Sold | |||
| May 20, 2022 | Listed by Compass | $520,000 | |
| Listed by Compass | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
02/22/2023
|
1 Bed
|
1 Bath
|
-
|
$533,000
1 Bed
1 Bath
|
$533,000
07/05/2023
|
Trevor Williams
Compass
| |
|
12/01/2022
|
1 Bed
|
1 Bath
|
-
|
$545,000
1 Bed
1 Bath
|
$495,000
-9.17%
02/07/2023
|
Marc A Dimov
Compass
| |
|
09/28/2022
|
1 Bed
|
1 Bath
|
-
|
$499,000
1 Bed
1 Bath
|
$544,000
+9.02%
01/04/2023
|
EUGENE LITVAK
Compass
| |
|
07/12/2022
|
1 Bed
|
1 Bath
|
-
|
$528,472
1 Bed
1 Bath
|
$528,472
07/29/2022
|
Trevor Williams
Compass
| |
|
07/12/2022
|
1 Bed
|
1 Bath
|
-
|
$499,000
1 Bed
1 Bath
|
$499,000
10/08/2022
|
Trevor Williams
Compass
| |
|
05/20/2022
|
1 Bed
|
1 Bath
|
-
|
$520,000
1 Bed
1 Bath
|
$520,000
07/13/2022
|
Trevor B Williams
Compass
| |
|
06/10/2021
|
2 Bed
|
2 Bath
|
-
|
$769,000
2 Bed
2 Bath
|
$769,000
01/12/2023
|
Trevor Williams
Compass
| |
|
06/10/2021
|
1 Bed
|
1 Bath
|
-
|
$494,000
1 Bed
1 Bath
|
$494,000
09/28/2022
|
Trevor Williams
Compass
|
Building Info
- 1 Unit for Sale
About Northern Brooklyn
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Currently no similar homes aroundNearby Rentals
$5,334 - $5,746 /mo
- 4 Beds
- 2.5 Baths
- 2,000 ft²
$5,330 - $5,742 /mo
- 1 Bed
- 1 Bath
- 588 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017