8565 E 50th Dr
About This Property
The modern kitchen is a showstopper with upgraded 42" gray cabinets, sleek quartz countertops, and custom glass herringbone tile that extends to the ceiling. High-end stainless steel appliances and a large dine-in island make this space as functional as it is beautiful. It seamlessly flows into the great room and dining area, both framed by floor-to-ceiling windows that bathe the home in sunlight. The main floor also includes a bedroom or office, a powder bath, a mudroom, and an oversized attached two-car garage with plenty of storage.
Head up the grand staircase to discover a bright loft area, a spacious master suite with a walk-in closet, and a spa-like five-piece master bath enhanced by a stylish barn door. This level also offers a convenient upper laundry room with upgraded cabinets and quartz counters, along with two generously sized bedrooms and a full bathroom.
The fully finished basement is an entertainer's dream, featuring a stunning wet bar with a waterfall island, floating shelves, upgraded cabinets, and pendant lighting. You'll also find a massive secondary great room, an additional bedroom, a bonus room/gym, a full bathroom, and plenty of storage.
Step outside to your private backyard oasis, where you can relax under the covered patio with travertine tile, a new additional custom built relaxing pavilion with Trex flooring, and a built-in bench. The landscaped yard also features a raised garden bed and low-maintenance artificial turf.
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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 |
|---|---|---|---|
| Mar 31, 2026 | Sold | ||
| Sold | |||
| Mar 5, 2026 | In contract | - | |
| In contract | |||
| Jan 29, 2026 | Listed | $1,195,000 | |
| Listed | |||
| Oct 11, 2025 | Price Decreased |
$1,225,000
↓ $75K
(5.8%) | |
| Price Decreased | |||
| May 15, 2025 | Listed | $1,300,000 | |
| Listed | |||
| | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017