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602 MONTEREY COURT
About This Property
Natural light pours throughout the home, accentuating the stunning wood floors and spacious layout. Large bedrooms can be found on every level, each offering ample closet space, while the primary suite boasts an impressive walk-in closet. Storage is abundant throughout the home, providing functionality rarely found in homes of this size.
The oversized kitchen is designed for both everyday living and entertaining, featuring stainless steel appliances, generous counter space, and room for gatherings of all sizes. Just off the kitchen, the large screened-in porch overlooks the backyard and creates the perfect setting for hosting crab feasts, summer cookouts, or simply unwinding after a long day.
The fully finished lower level adds incredible flexibility with 2 bedrooms, 1 full bath, a cozy fireplace, and expansive living space ideal for guests, recreation, a home office, or multi-generational living.
Outside, the property continues to impress with an attached garage, a 3-car driveway, and additional extra-large parking space perfect for RV or boat storage. Enjoy easy access to nearby water, scenic trails, and popular fishing spots all within walking distance.
Rumsey Island is known for its welcoming atmosphere and community events throughout the year for all ages, making this more than just a home - it's a lifestyle. With countless updates and upgrades completed over the years, this move-in ready property offers peace of mind and exceptional value.
This is a rare opportunity you do not want to miss.
** PLEASE CONTACT CO-AGENT WITH ALL QUESTIONS **
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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 21, 2026 | Sold | ||
| Sold | |||
| Aug 4, 2026 | In contract | - | |
| In contract | |||
| Jul 23, 2026 | Price Decreased |
$510,000
↓ $5K
(1%) | |
| Price Decreased | |||
| Jul 6, 2026 | Price Decreased |
$514,900
↓ $10K
(1.9%) | |
| Price Decreased | |||
| Jun 9, 2026 | Listed by Berkshire Hathaway HomeServices Homesale Realty | $524,900 | |
| Listed by Berkshire Hathaway HomeServices Homesale Realty | |||
Property Highlights
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017