1101 Longleaf Trace
About This Property
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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 29, 2025 | Price Decreased |
$480,000
↓ $15K
(3%) | |
| Price Decreased | |||
| Aug 2, 2025 | Price Decreased |
$495,000
↓ $4K
(0.8%) | |
| Price Decreased | |||
| Jul 4, 2025 | Price Decreased |
$499,000
↓ $11K
(2.2%) | |
| Price Decreased | |||
| May 22, 2025 | Listed | $510,000 | |
| Listed | |||
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Welcome to 1101 Longleaf Trace! This spacious 5-bedroom, 3-bathroom home offers a thoughtful layout designed for comfort and versatility. Step into a beautiful foyer that sets the tone for the home's elegant design. To the right, you'll find a private office with elegant glass doors, and to the left, a formal dining room perfect for gatherings. Continue through the foyer to a stunning open-concept living space that seamlessly connects the cozy living area, featuring a charming fireplace, to the gourmet eat-in kitchen. The kitchen boasts granite countertops, a tiled backsplash, and luxury vinyl plank (LVP) flooring, creating a stylish and functional space for cooking and entertaining. The main level also includes a spacious bedroom and a full bathroom, providing convenience and flexibility. Upstairs, you'll discover four additional bedrooms, including a primary suite with a walk-in closet, double vanity, soaking tub, and separate shower. Two secondary bedrooms are connected by a Jack and Jill bathroom. An open loft provides flexible space for a media room, play area, or additional lounge. Plush carpeting throughout the upper level adds comfort, and a dedicated laundry room offers everyday ease. Nestled on a peaceful 1.24-acre cul-de-sac lot, this home features a charming front porch and a backyard patio-perfect for outdoor relaxation. Discounted rate options and no lender fee future refinancing may be available for qualified buyers. Schedule your showing today!
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| Apr 13, 2023 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017