89 Georgetown Avenue
About This Property
The owner's suite is a private bungalow with Australian Cypress floors, two walk-in closets, and a bathroom featuring dual vanities and a granite-topped shower. The bungalow can also be locked off for exclusive use.
The main house's first floor boasts Black Terrazzo and Australian Cypress flooring, along with mahogany doors. The living, dining, and kitchen areas flow together, making it great for gatherings. The kitchen features granite countertops, a Wolf 6-burner stove, Bosch dishwasher, wine cooler, and a large island with seating for three. The dining space has a table for 10, and the living area includes a cozy gas-assist wood-burning fireplace and a charming library nook.
Upstairs, you'll find three bedrooms, two full baths, and a half bath, all opening to a spacious porch with views of Georgetown Avenue. A laundry area is also conveniently located on this level.
The third floor houses a media area with a wet bar, bonus room, and a half bath, along with another gas-assist wood-burning fireplace.
Outside, enjoy the enclosed courtyard with seating and an outdoor shower. The garage and parking pad accommodate two cars, with additional street parking available. Built with stucco over concrete block, IPE siding, and cedar trim, this home is both durable and stylish.
The home is sold furnished. Don't miss the chance to see this truly unique home.
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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 |
|---|---|---|---|
| Dec 20, 2024 | Sold | ||
| Sold | |||
| Oct 4, 2024 | Listed by Rosemary Beach Realty LLC | $3,150,000 | |
| Listed by Rosemary Beach Realty LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017