8044 E 50th Dr
About This Property
The main floor features hardwood flooring throughout, including in the private office with pocket doors and the formal dining room. The Great Room offers a gas fireplace, large windows that bring in abundant natural light, a ceiling fan, and overhead can lighting. The open-concept layout flows into a spacious chef's kitchen equipped with a gas cooktop, convection oven, French-door refrigerator/freezer, quartz countertops, tile backsplash, and both a walk-in food pantry and a butler's pantry connecting to the dining room. The mud room includes a coat closet, built-in bench with storage, and access to the 2.5-car attached garage, which features a 220v outlet for EV charging.
Upstairs, the generous primary bedroom includes its own Mitsubishi mini-split HVAC system, hardwood floors, and a 5-piece en-suite bath with custom LED-lit circular mirrors. The walk-in closet is outfitted with custom organizers. Two additional bedrooms share a full bathroom with dual sinks and a privacy door for the tub/shower. A dedicated laundry room with upper and lower cabinetry completes the upper level.
The finished basement provides a large family room, exercise area, bedroom, full bathroom, and a utility room with additional storage. Extra storage is also available under the staircase. Features a Mitsubishi heat-pump system with electric blower and a whole-house steam humidifier, delivering efficient heating, cooling, improved airflow, and consistent year-round comfort.
This home offers a blend of comfort, functionality, and location in one of Central Park's most desirable neighborhoods.
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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 |
|---|---|---|---|
| Aug 30, 2026 | Listed | $889,000 | |
| Listed | |||
| Jul 1, 2014 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017