48
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1088 Basque Drive
About This Property
Welcome home to this beautifully maintained home offering comfort, style & convenience. The open-concept layout features an updated kitchen that flows seamlessly into the living room & dining area, creating the perfect space for entertaining family & friends. The inviting living room is highlighted by a stunning wood accent wall, adding warmth & character to the home's modern design. The updated kitchen offers contemporary finishes, a pantry & plenty of space for cooking & gathering. Additional features include a one-car garage with a convenient laundry area, making everyday living easy & functional. Step outside to your private backyard oasis, complete with a refreshing pool and fully fenced yard. Ideal for relaxing, entertaining, or enjoying time with family & pets. Conveniently located near schools, shopping, dining, parks & very convenient to I-95. This move-in ready home offers the perfect combination of comfort & location.
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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 21, 2026 | Price Decreased |
$329,900
↓ $10K
(3%) | |
| Price Decreased | |||
| Sep 16, 2026 | Price Decreased |
$339,999
↓ $4K
(1.3%) | |
| Price Decreased | |||
| Aug 4, 2026 | Price Decreased |
$344,444
↓ $3K
(0.9%) | |
| Price Decreased | |||
| Jul 27, 2026 | Price Decreased |
$347,400
↓ $3K
(0.7%) | |
| Price Decreased | |||
| Jul 11, 2026 | Listed by Elite Real Estate | $349,900 | |
| Listed by Elite Real Estate | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017