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7142 Montrico Drive
About This Property
Upon entering, you are enveloped by an abundance of natural light streaming through expansive windows, accentuating the grandeur of the high ceilings. This home is a testament to meticulous care, featuring newly installed air conditioning systems and a house generator for ultimate comfort and peace of mind. The thoughtfully designed interior seamlessly integrates with the serene waterfront views, creating an atmosphere of tranquility. Your personal oasis awaits outdoors, where a private pool beckons for leisurely afternoons under the sun. For added convenience, the unit includes a washer and dryer, while pet-friendly policies ensure all members of your family are accommodated.
The building's amenities elevate your lifestyle with features such as a doorman for personalized service and included internet access for modern connectivity. Enjoy the luxury of private outdoor space, perfect for al fresco dining or simply soaking in the scenic surroundings.
This exclusive offering is not just a home, but a lifestyle choice, promising elegance and comfort at every turn.
*Property also has a 1000 gallon propane tank.
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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 |
|---|---|---|---|
| May 7, 2026 | Sold | ||
| Sold | |||
| Jan 18, 2026 | In contract | - | |
| In contract | |||
| Jan 10, 2026 | Price Decreased |
$1,299,900
↓ $100K
(7.1%) | |
| Price Decreased | |||
| Jan 9, 2026 | Price Increased |
$1,399,900
↑ $50K
(3.7%) | |
| Price Increased | |||
| Dec 17, 2025 | Price Decreased |
$1,349,900
↓ $50K
(3.6%) | |
| Price Decreased | |||
Property Highlights
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017