5959 QUARTER PLACE
About This Property
The main living area showcases a bright, open layout anchored by a gourmet kitchen featuring quartz countertops, stainless steel appliances, a custom tile backsplash, and a butler's pantry. These high-end finishes flow seamlessly into the dining and living spaces, creating an ideal environment for everyday living and entertaining. A versatile room on this level can serve as a main-level bedroom or dedicated office. From here, step out to a screened-in porch overlooking the mostly flat, usable backyard-perfect for relaxing, dining, and enjoying the outdoors. A spacious 3-car front loading garage provides exceptional convenience and storage.
Upstairs, you'll find four generously sized bedrooms along with a flexible loft space at the top of the stairs-ideal for a home office, playroom, lounge, or easily converted into a fifth bedroom. The thoughtful layout emphasizes versatility, comfort, and convenience.
The fully finished walkout basement offers even more living space, including a large recreation room, a dedicated theatre room, and a separate room currently used as a workout area. A full bathroom on this level makes it perfect for guests or multi-generational living, and the walkout design allows for natural light and direct access to the backyard.
This is a rare opportunity to own a nearly new home where every major system and feature is only a few years old-offering modern style, functional living spaces, and minimal maintenance for the next 15 years. Beautifully upgraded and move-in ready, this home is an exceptional find.
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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 |
|---|---|---|---|
| Feb 12, 2026 | Sold | ||
| Sold | |||
| Jan 3, 2026 | In contract | - | |
| In contract | |||
| Dec 12, 2025 | Listed by Keller Williams Realty | $1,150,000 | |
| Listed by Keller Williams Realty | |||
Property Highlights
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About New Baltimore
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017