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11 Caudie Drive
About This Property
The main level features an open living and dining area filled with natural light from a large picture window and sliding-glass doors that open to a raised rear deck overlooking a private, tree-lined backyard. Hardwood floors run throughout much of the home and are ready for refinishing. The eat-in kitchen offers solid cabinetry, stainless steel appliances, and a window over the sink with backyard views. Three bedrooms and a full bath complete the upper level.
Downstairs, the finished lower level provides a spacious family/recreation room with a wet-bar area, a second bathroom, additional flex space, and direct access to the attached 2-car garage.
Located minutes from Vassar Road Elementary, shopping, dining, and major commuter routes. Sold as-is.
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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 |
|---|---|---|---|
| Aug 18, 2026 | Sold | ||
| Sold | |||
| Jul 8, 2026 | In contract | - | |
| In contract | |||
| Jun 27, 2026 | Relisted | $350,000 | |
| Relisted | |||
| Jun 10, 2026 | In contract | - | |
| In contract | |||
| Jun 3, 2026 | Listed by HomeSmart Homes & Estates | $350,000 | |
| Listed by HomeSmart Homes & Estates | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017