520 Blalock Road
About This Property
Point. This luxurious property speaks to a buyer who truly values a home & thoughtful craftsmanship &
artistry in not only the materials used, but also in the overall design & layout. A circular drive w/porte-
cochere to the double garages sets the scene for the dramatic entry as you step into the foyer to behold the
grand double staircase & stately columns, w/private office nestled to the side. An exquisite gourmet
kitchen will ignite passion in any chef & there is a bevy of space to entertain w/formal dining room
palatial living room, sumptuous family room & spacious garage apartment. Two primary bedrooms on the
first floor dazzle, w/the main primary a master of first class luxury offering access to a gym area & sauna.
Three bedrooms are tucked away upstairs w/access to the amazing rec room. Outside is a veritable oasis
w/resort-style pool, outdoor kitchen & covered terraces.
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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 |
|---|---|---|---|
| Oct 3, 2023 | Sold | ||
| Sold | |||
| Jul 20, 2022 | Listed by Keller Williams Realty - Memor | $3,400,000 | |
| Listed by Keller Williams Realty - Memor | |||
| | |||
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Live your dream & lose your breath as you behold the splendor of this 5-bedroom estate home in Piney
Point. This luxurious property speaks to a buyer who truly values a home & thoughtful craftsmanship &
artistry in not only the materials used, but also in the overall design & layout. A circular drive w/porte-
cochère to the double garages sets the scene for the dramatic entry as you step into the foyer to behold the
grand double staircase & stately columns, w/private office nestled to the side. An exquisite gourmet
kitchen will ignite passion in any chef & there is a bevy of space to entertain w/formal dining room
palatial living room, sumptuous family room & spacious garage apartment. Two primary bedrooms on the
first floor dazzle, w/the main primary a master of first class luxury offering access to a gym area & sauna.
Three bedrooms are tucked away upstairs w/access to the amazing rec room. Outside is a veritable oasis
w/resort-style pool, outdoor kitchen & covered terraces.
| |||
Property Highlights
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017