861 Independence Avenue
About This Property
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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 |
|---|---|---|---|
| Feb 12, 2024 | Sold | ||
| Sold | |||
| Nov 3, 2023 | No longer available | - | |
| No longer available | |||
| Nov 1, 2023 | Listed by Keller Williams Inspire - Geneva | $489,900 | |
| Listed by Keller Williams Inspire - Geneva | |||
| Oct 19, 2023 | Listed by Keller Williams Inspire | $525,000 | |
| Listed by Keller Williams Inspire | |||
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Welcome to this impeccably maintained custom home, built in 2005, boasting a generous living space of 3054 square feet. Located in the sought-after Blackberry Creek neighborhood, this stunning property offers a multitude of desirable features. You will be so impressed by it's stunning curb appeal! Upon entering, you'll be greeted by an inviting atmosphere that seamlessly combines modern elegance with comfort. The open floor plan allows for effortless flow throughout the main level, creating a spacious and airy feel. The interior design showcases tasteful finishes, including hardwood flooring, recessed lighting, and large windows that bathe the home in natural light. The main floor features a large vaulted family room with fireplace, separate dining/living rooms, a well-appointed kitchen, complete with SS appliances, ample cabinetry, and a convenient center island, perfect for culinary enthusiasts and entertaining guests. Adjacent to the kitchen is a cozy breakfast nook, ideal for enjoying morning coffee while overlooking the private backyard. This home has 4 generous bedrooms & 3.5 baths providing plenty of space for family and guests. The master suite is a true retreat, offering a tranquil sanctuary that includes a spa-like master bath, featuring a soaking tub, separate shower, and double vanities. Working from home is a breeze with your first floor office. A standout feature of this property is the full basement with tons of storage space, and already framed with finishes started for a 5th bedroom and full bath. The backyard is a haven for relaxation and entertainment, highlighted by a patio & fully fenced yard. This home has all NEW mechanicals within the last 2 years! New Roof, gutters, HVAC, water heater, Angel water softener filtration system, fresh paint & new screens throughout. With it's exceptional condition and remarkable amenities, this modern home presents an unparalleled opportunity to experience luxury living at its finest. Don't miss the chance to make this stunning property your own! The manager has listed the unit size as 3054 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017