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616 Purdue
About This Property
The expansive backyard is a true retreat, surrounded by mature trees that create a tranquil, mountain-inspired ambiance. Designed for both relaxation and entertaining, the grounds offer endless possibilities whether you envision a resort-style pool, spa, outdoor lounge, or a beautifully landscaped garden oasis.
Inside, the thoughtfully curated layout provides seamless flow between multiple living and entertaining spaces, ideal for intimate gatherings or larger-scale hosting. Every corner of the home invites you to reimagine and customize it into a personalized sanctuary.
Perfectly situated just moments from the charm and vibrancy of Claremont Village, residents enjoy convenient access to fine dining, boutique shopping, top-rated schools, and cultural attractions.
An extraordinary opportunity to craft your dream home in a premier location where elegance meets potential.
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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 |
|---|---|---|---|
| Jun 9, 2026 | Sold | ||
| Sold | |||
| Apr 20, 2026 | In contract | - | |
| In contract | |||
| Apr 15, 2026 | Listed by Century 21 Astro | $1,149,000 | |
| Listed by Century 21 Astro | |||
| Aug 6, 2022 | No longer available | - | |
| No longer available | |||
| Jun 29, 2022 | In contract | - | |
| In contract | |||
Property Highlights
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About Towne Ranch
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017