7880 MEADOWGATE DRIVE
About This Property
The spacious kitchen is designed for both style and functionality, featuring granite countertops, a center island with induction electric cooktop, and stainless steel appliances including a side-by-side refrigerator with freezer drawer, convection oven, microwave, and dishwasher. A charming kitchen desk area with task lighting and a butler's pantry with granite counters and a full pantry provide added convenience and storage. Just off the kitchen, the inviting family room offers a warm gas fireplace, ceiling fan, and access to the freshly painted deck-perfect for relaxing or entertaining.
Upstairs, hardwood floors continue throughout all bedrooms. The large primary suite includes a ceiling fan, sitting area, walk-in closet, and an en-suite bath with dual vanities, walk-in shower, Jacuzzi tub, and linen closet. Three additional bedrooms all feature ceiling fans, and the hall bath offers a double sink vanity, tile flooring, and a shower/tub combination.
The finished walk-out basement provides versatile living space, including a rec room with carpet and recessed lighting, a den (perfect for a home office or gym), and a second den with a sump pump in the closet. There is also a full bath with a comfort-height vanity and tub/shower combo, plus tile flooring throughout much of the lower level. The projector screen in the rec room conveys!
Additional highlights include a main level office with engineered hardwood flooring and a Murphy bed that conveys and the laundry room with an LG front-load washer and dryer. The two-car garage with two openers, and two remotes.
Recent updates and features include:
• 2015 NEW Roof
• 2021 HVAC system (natural gas) with humidifier and EnviroAire Blue Light Filtration Serviced May 2025
• 2016 Gas water heater
• Irrigation system installed in 2022 with moisture sensor and multi-zone functionality (services front yard, biannual service)
• Smart thermostat
• SimpliSafe doorbell and camera system
• Updated electric panel
• Newer deck door (5 years old)
This home has been lovingly cared for with regular services from FH Furr (annual), Terminix (monthly), Elmer's Lawn Care (mowing), and Virginia Green (fertilization). Conveniently located, well-appointed, and ready to welcome you home-don't miss this exceptional opportunity!
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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%.
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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 25, 2025 | Sold | ||
| Sold | |||
| May 28, 2025 | In contract | - | |
| In contract | |||
| May 25, 2025 | Price Decreased |
$750,000
↓ $30K
(3.9%) | |
| Price Decreased | |||
| May 8, 2025 | Price Decreased |
$780,000
↓ $20K
(2.5%) | |
| Price Decreased | |||
| Apr 12, 2025 | Listed by Keller Williams Realty/Lee Beaver & Assoc. | $800,000 | |
| Listed by Keller Williams Realty/Lee Beaver & Assoc. | |||
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Welcome to this stately brick-front colonial nestled on over half an acre (.5155 acres) in a serene and established neighborhood. This beautifully maintained home offers timeless curb appeal and a thoughtfully designed interior. Step inside to gleaming hardwood floors throughout the main level, complemented by elegant crown molding in the foyer and living room, chair rail in the formal dining room, and custom art niches with recessed lighting.
The spacious kitchen features granite countertops, an induction electric cooktop on the center island, stainless steel appliances including a side-by-side refrigerator with freezer drawer, convection oven, microwave, and dishwasher. A cozy kitchen desk area with task lighting and a butler’s pantry with granite and well cabinetry add both charm and functionality. Adjacent to the kitchen, the inviting family room boasts a gas fireplace, ceiling fan, and access to the deck.
Upstairs, hardwood floors continue throughout all bedrooms. The large primary suite includes a ceiling fan, sitting area, walk-in closet, and an en-suite bath with dual vanities, walk-in shower, Jacuzzi tub, and linen closet. Three additional bedrooms all feature ceiling fans, and the hall bath offers a double sink vanity, tile flooring, and a shower/tub combination.
The finished walk-out basement provides versatile living space, including a rec room with carpet and recessed lighting, a den (perfect for a home office or gym), and a second den with a sump pump in the closet. There is also a full bath with a comfort-height vanity and tub/shower combo, plus tile flooring throughout much of the lower level. The projector screen in the rec room conveys!
Additional highlights include a main level office with engineered hardwood flooring and a Murphy bed that conveys and the laundry room with an LG front-load washer and dryer. The two-car garage with two openers, and two remotes.
Recent updates and features include:
• 2021 HVAC system (natural gas) with humidifier and EnviroAire Blue Light Filtration
• 2016 Gas water heater
• Irrigation system installed in 2022 with moisture sensor and multi-zone functionality (services front yard, biannual service)
• Smart thermostat
• SimpliSafe doorbell and camera system
• Updated electric panel
• Newer deck door (5 years old)
This home has been lovingly cared for with regular services from FH Furr (annual), Terminix (monthly), Elmer’s Lawn Care (mowing), and Virginia Green (fertilization). Conveniently located, well-appointed, and ready to welcome you home—don’t miss this exceptional opportunity!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017