61 Park Avenue
About This Property
Inside, you'll be greeted by a bright, inviting layout that flows beautifully from room to room. The spacious kitchen is a standout feature. Offering abundant cabinetry, generous cabinet space, and room to cook, gather, and entertain with ease. The main level also boasts a comfortable living area and a welcoming dining space, ideal for both casual nights in and special occasions.
Upstairs, you will find 3 well sized bedrooms, including a serene primary suite with a private bath.
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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 |
|---|---|---|---|
| Oct 29, 2025 | Sold | ||
| Sold | |||
| Sep 25, 2025 | In contract | - | |
| In contract | |||
| Aug 10, 2025 | Listed by RE/MAX Central | $499,000 | |
| Listed by RE/MAX Central | |||
| Jul 20, 2025 | Price Decreased |
$534,900
↓ $10K
(1.9%) | |
| Price Decreased | |||
| May 30, 2025 | Listed | $545,000 | |
| Listed | |||
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PRICE IMPROVEMENT! Step into timeless charm and modern convenience with this beautifully maintained 3-bedroom, 2.5-bath home, ideally located just a short walk from downtown Flemington. Built in 1870, this residence captures the elegance of a bygone era while offering all the essentials of today's lifestyle. Inside, you'll find gleaming luxury floors thru-out the main living areas, adding warmth and character. The large updated kitchen features tile flooring, SS appliances, & direct access to a mudroom that opens to the backyard patio; perfect for everyday flow. Adjacent to the kitchen is a generous dining room w/a walk-in pantry, a laundry room & half bath The main floor also includes a spacious living room with direct backyard access, while upstairs you'll find three bedrooms and two full bathrooms. One features a classic clawfoot tub! Additional attic access offers flexible storage or potential for future use. Enjoy your mornings or evenings on the charming covered front porch, or use the side entrance for easy everyday access. The large corner lot includes a fully fenced backyard, complete with a beautiful stone patio and seating area; ideal for entertaining or relaxing. The basement offers generous space w/a natural floor. Key updates like a newer roof and several interior improvements within the past five years add peace of mind. This is a rare opportunity to own a piece of Flemington's history w/the comfort of modern updates.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017