6173 Lawrence Street
About This Property
Lovingly maintained, extensively upgraded and professionally designed over the past 24 years, this home has been fashioned for entertaining. The inviting living room features vaulted ceilings and a gas fireplace with an Italian marble hearth. The open-concept gourmet kitchen is equipped with premium appliances [Gaggenau (refrigerator, dishwasher), Miele (steam oven), BlueStar (range)], offering both functionality and style.
Upstairs, the home features a bedroom, a luxurious spa-style bath with dual showerheads and 2-person Acryline air tub, the bonus room with abundant built-in storage and surround-sound wiring & PSB speakers, and a stocked loft library which includes two desk spaces. The dual-zone HVAC system and whole-house ozone air purifier (American Standard), whole-house fan (The Whole House Fan Co.), and tankless water heater (Navien) with recirculator pump ensure modern comfort and efficiency throughout.
The fully-insulated, finished garage is a one-of-a-kind, showcasing Italian thermofoil cabinetry, recessed LED lighting, independent climate control, ample attic storage (with pull-down ladder), and a secondary kitchenette with sink, disposal, dishwasher, washer & dryer, and commercial refrigerator & freezer. Additional touches include undercabinet lighting, projector with electronic drop-down screen, and an insulated 3-panel garage door.
The backyard provides a tranquil retreat, with a vegetable garden, mature orange and avocado trees, artificial turf, and a space useful for both quiet relaxation and sizable gatherings. Over the years, this home has been the backdrop for hosting over 100 friends & family throughout the front & back yards, a testament to thoughtful planning and warm ambiance.
With its prime parkside location, tasteful updates, and entertainer-friendly layout, this is a rare opportunity to own a truly special home. Seize this chance to make it yours!
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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 |
|---|---|---|---|
| Dec 20, 2024 | Sold | ||
| Sold | |||
| Nov 29, 2024 | In contract | - | |
| In contract | |||
| Nov 21, 2024 | Listed by Re/Max R. E. Specialists | $1,599,000 | |
| Listed by Re/Max R. E. Specialists | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017