61 SULLIVAN WAY
About This Property
On the main level, there is a spacious open floor plan with stylish wood plank floors in the Living Room, Dining Room and Kitchen - great for entertaining. The gourmet Kitchen has upgraded white cabinetry with Quartz countertops, a subway tile backsplash. and upgraded Stainless Steel appliances. There is a Large working Island with Breakfast Bar and Sliders to Deck overlooking the serene back yard.
On the upper floor there are 3 Bedrooms, 2 Full Bathrooms and a Laundry Room. All rooms have upgraded neutral carpeting. The Master Bedroom has upgraded ceiling lighting and a walk-in closet with built in shelving. The Master Bathroom has ceramic flooring, Soaking Tub and porcelain tile shower surround with glass doors and a double sink vanity with Quartz top.
The lower level is currently being used as a Family Room but could very easily be used for Office Space, Media Room, Exercise Room or additional storage. There are sliders to the backyard and access to the large 2 car attached Garage. This home is in "move in" condition and ready for its new owner.
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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 |
|---|---|---|---|
| Jan 6, 2022 | Sold | ||
| Sold | |||
| Dec 3, 2021 | Listed by Century 21 Thomas Realty Inc | $427,500 | |
| Listed by Century 21 Thomas Realty Inc | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
12/03/2021
| |
3 Bed
|
3 Bath
|
2457 ft²
|
$427,500
3 Bed
3 Bath
2457 ft²
|
$437,500
+2.34%
01/06/2022
|
Charles Thomas
Century 21 Thomas Realty Inc
|
|
05/15/2020
| |
3 Bed
|
3 Bath
|
2457 ft²
|
$369,900
3 Bed
3 Bath
2457 ft²
|
$365,000
-1.32%
07/17/2020
|
Anna DeCristofaro
Coldwell Banker Realty
|
|
01/21/2019
| |
3 Bed
|
3 Bath
|
2471 ft²
|
$361,500
3 Bed
3 Bath
2471 ft²
|
$361,500
04/29/2019
|
VINCENT GIBSON
D.R. HORTON REALTY OF NJ
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017