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561 Powell Street
About This Property
Welcome to this well-maintained single-family home, originally built in 1987, offering 3 bedrooms, 1 full bath, and a convenient half bath on the main level. Situated on an 18x100 lot with approximately 1,148 square feet of interior living space, this property combines classic charm with thoughtful upgrades throughout.
Step inside to find a spacious first floor featuring a bright living room, formal dining area, a beautifully updated kitchen with granite countertops, and a convenient powder room. The kitchen, along with the roof, windows, and upstairs bathroom, was completely redone between 2010 and 2012, ensuring style and functionality for years to come.
Upstairs, you'll find three comfortable bedrooms and a renovated full bathroom. The entire home features warm bamboo flooring, adding a modern and natural touch.
The finished basement offers high ceilings and versatile space ideal for a recreational room, laundry/boiler area, and storage. A large and versatile space ideal for entertaining, storage and more!
This home is equipped with a forced air heating system and central cooling, added around 2010–2012 by utilizing existing ductwork-keeping you comfortable in all seasons. The hot water heater was replaced in 2014, and the electrical system was fully updated and grounded in 2020–2021 for added safety and peace of mind.
Outside, enjoy a fully paved backyard, completed in 2018-perfect for low-maintenance entertaining or relaxation. Private parking adds extra convenience in this residential setting.
Annual taxes are approximately $4,198.20.
A true gem blending modern updates with everyday comfort-don't miss this move-in ready home!
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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 |
|---|---|---|---|
| Aug 19, 2025 | Sold | ||
| Sold | |||
| Jun 12, 2025 | In contract | - | |
| In contract | |||
| May 14, 2025 | Listed by Keller Williams Realty Liberty | $629,000 | |
| Listed by Keller Williams Realty Liberty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017