About This Property
Offering an elegant 2-story entry, a great room with custom built-ins, a Mendota Gas Fireplace and a motorized TV mount and an incredible kitchen with sitting area with bar that boasts granite and walnut countertops, custom Bentwood cabinetry, 6 Burner Wolf stove/oven & microwave, Sub Zero refrigerator, wine cooler, warming drawer as well as spacious custom pantry with adjacent laundry area. The main level also includes hardwood floors, a generously sized dining room with moldings and Nierman Weeks chandelier and two offices. The bedroom level with an open gallery offers 4 bedrooms and 3 renovated baths including a spacious primary suite with wood floors, a stunning marble bath with soaking tub and multi head shower, sitting room and two custom walk-in closets. Finished lower level with exercise room, recreation room with pool table, play room/extra bedroom, custom storage, workshop and outside entrance. Custom window treatments, Control 4 and recently installed Audio/Visual system, oversized driveway, storage shed in rear yard.
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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 |
|---|---|---|---|
| Sep 18, 2023 | Sold | ||
| Sold | |||
| Jul 29, 2023 | In contract | - | |
| In contract | |||
| Jul 25, 2023 | Listed by Coldwell Banker Realty | $1,250,000 | |
| Listed by Coldwell Banker Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017