581 Putnam Avenue #4
About This Property
Just three easy flights up, you walk into a beautifully proportioned living/dining area, high ceilinged and brilliantly bright, with wide plank white oak floors and multiple oversized windows across the eastern front. Plenty of space for formal dining and entertaining! The open kitchen is replete with breakfast bar seating, elegant shaker style cabinets, Pietra Cardosa countertops, a paneled Meile dishwasher, Maytag double-doored stainless fridge and a high-end stainless Wolf range capable of cooking for an army! The bathroom is equipped with beautifully tiled floors, a Toto dual flush commode and a beautifully crafted custom wood frame medicine cabinet. To the rear of the home is the washer/dryer, and there are two spacious and quiet bedrooms with ample closet space and beautiful townhouse garden views. And the true pice de rsistance is your very own private and breezy outdoor roofdeck! Almost 19' x 24', with 360 degree views of brownstone Brooklyn, you'll never tire of hosting summer BBQs, happy hours, epic sunny WFH sessions and more.
581 Putnam is a four unit townhouse originally built in 1899 and renovated by the Brooklyn Home Company in 2017. Incredibly low common charges are sure to delight, and this home comes with your own deeded basement storage space. Located on a lush tree-lined brownstone block in Brooklyn's Bedford Stuyvesant neighborhood, this one is close to tons of bustling shops, cafs, and restaurants like the beloved Saraghina just around the corner.
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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
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/03/2022
|
2 Bed
|
1 Bath
|
923 ft²
|
$825,000
2 Bed
1 Bath
923 ft²
|
$999,999
+21.21%
07/28/2022
|
Nina Hausner
Compass
| |
|
08/11/2020
|
2 Bed
|
1 Bath
|
1385 ft²
|
$1,095,000
2 Bed
1 Bath
1385 ft²
|
$1,095,000
10/23/2020
|
JESSE A SHAFER
Compass
| |
|
05/10/2016
|
2 Bed
|
1 Bath
|
860 ft²
|
$800,000
2 Bed
1 Bath
860 ft²
|
$814,600
+1.83%
01/24/2017
|
LINDSAY BARRETT
Compass
| |
|
05/10/2016
|
2 Bed
|
1 Bath
|
945 ft²
|
$925,000
2 Bed
1 Bath
945 ft²
|
$925,000
12/22/2016
|
Christina Abad
Compass
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017