45
Map
514 Esplanade
About This Property
As you step inside, the welcoming entrance foyer leads to a spacious living room with high ceilings and detailed crown molding, creating an inviting atmosphere for both everyday living and entertaining. The formal dining room provides the perfect setting for memorable gatherings, while the well-equipped eat-in kitchen offers abundant space for casual meals and daily life. Featuring a gas range, microwave, dishwasher, and dryer, it is thoughtfully designed for everyday convenience. On the second floor are four spacious bedrooms and four-and-a-half bathrooms, including an expansive primary suite with a private primary bathroom. The lower level also features a finished room with a fireplace, along with a gym in the garage area. Don't miss the opportunity to make this exceptional home your own.
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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 |
|---|---|---|---|
| Sep 16, 2026 | In contract | - | |
| In contract | |||
| Jun 26, 2026 | Listed by Real Broker NY LLC | $2,395,000 | |
| Listed by Real Broker NY LLC | |||
| Jul 17, 2012 | Sold | ||
| Sold | |||
| Jan 30, 2012 | Listed by Real Broker NY LLC | $1,245,000 | |
| Listed by Real Broker NY LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017