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1011 Serenada DR
About This Property
This 4-bedroom, 3-bathroom home offers a rare and versatile layout with two private primary suites which is ideal for multigenerational living, extended-stay guests, a home office, or added privacy. The spacious living area features a cozy fireplace and flows into a generously sized kitchen with abundant cabinetry, ample counter space, and a stove with a built-in air fryer installed in 2024. Beautiful tile flooring extends throughout the home, complemented by fresh interior paint, updated lighting, and two new bathtubs completed in 2026. The second primary suite, thoughtfully created during the 2020 garage conversion, includes a large walk-in closet and private en-suite bathroom, while the original primary suite also offers its own full bath. Major improvements include a durable metal roof and covered carport added in 2020, tankless and traditional water heaters installed in 2026, and numerous updates throughout. The owners also invested in extensive drainage improvements, including a drainage ditch, berm, and French drain through the raised flower beds. Outside, mature oak trees provide shade and character, creating an inviting setting for relaxing or entertaining. With four bedrooms, three full bathrooms, two private suites, thoughtful updates, and no HOA, this Serenada home offers exceptional flexibility and value!
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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%.
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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.
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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 22, 2026 | Price Decreased |
$410,500
↓ $14K
(3.2%) | |
| Price Decreased | |||
| Sep 2, 2026 | Price Decreased |
$424,000
↓ $1K
(0.2%) | |
| Price Decreased | |||
| Aug 13, 2026 | Price Decreased |
$425,000
↓ $8K
(1.8%) | |
| Price Decreased | |||
| Jul 31, 2026 | Price Decreased |
$432,900
↓ $2K
(0.5%) | |
| Price Decreased | |||
| Jul 10, 2026 | Listed by Coldwell Banker Apex | $435,000 | |
| Listed by Coldwell Banker Apex | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017