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821 Nicholson Street
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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 2, 2025 | Sold | ||
| Sold | |||
| May 5, 2025 | In contract | - | |
| In contract | |||
| Apr 30, 2025 | Listed by Martha Turner Sotheby's International Realty | $999,950 | |
| Listed by Martha Turner Sotheby's International Realty | |||
| Apr 12, 2023 | Sold | ||
| Sold | |||
| Mar 8, 2023 | Listed by Keller Williams Realty - Memor | $925,000 | |
| Listed by Keller Williams Realty - Memor | |||
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A 2-story gem perfectly situated along the Nicholson and Heights Hike & Bike Trail awaits! Built in 2017, this 3 BR/2.5 bath home offers easy access to numerous shopping & dining hotspots, including MKT Heights & Heights Mercantile. Find a functional layout w/ formal dining & a spacious living area w/ soaring ceilings, built-in shelves, wood floors, & fireplace. The gourmet kitchen is equipped w/ Subzero refrigerator & Wolf range, leathered granite island w/ a breakfast bar, & a butler's pantry w/ a built-in counter & wine rack. Retreat into the primary suite featuring a balcony, large windows allowing abundant natural light, & stunning ensuite bath w/ walk-in shower, a separate soaking tub, double vanities, & a walk-in closet of your dreams! Entertain guests in the upstairs game/flex room, a gated front yard, & a back courtyard—ideal for large & intimate gatherings alike. Designed for convenience, delight in the attached 2-car garage w/ 14-ft ceilings & private double driveway.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017