114 38th Ave
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 |
|---|---|---|---|
| Apr 3, 2026 | Sold | ||
| Sold | |||
| Feb 20, 2026 | In contract | - | |
| In contract | |||
| Jan 9, 2026 | Listed | $635,000 | |
| Listed | |||
| | |||
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HUGE PRICE REDUCTION MAKES THIS PROPERTY A MUST SEE! DON'T MISS THE OPPORTUNITY TO OWN THIS NEARLY 1 ACRE RANCH WITH 4-CAR GARAGE AND RV parking/storage. This custom-built ranch offers space, privacy, and the charm of mature trees all around. Well-maintained by its original owner, the property feels like a tucked-away retreat all in a convenient Greeley location just minutes from amenities. The main level feels bright and comfortable from the start, with well-defined spaces that maintain a seamless flow between one another. A classic brick fireplace anchors the main living area, while the kitchen keeps things simple and functional with modern white appliances and plenty of room to prep meals. A spacious sunroom with a hot tub offers the perfect year-round spot to unwind, enjoy natural light, or take in peaceful backyard views no matter the season. Three bedrooms are also conveniently located on this level, including a comfortable primary suite with its own private ensuite bathroom. Downstairs, the finished basement provides even more flexibility, featuring a large rec room that offers space for entertainment or lounging, along with two additional bedrooms and an unfinished area ideal for storage or future customization. Outside, the patio offers a gas hookup ready for your outdoor kitchen or grill setup, The property is also a dream for those who need space for hobbies or equipment, featuring an oversized shop, a detached 2-car garage, and an attached 2-car garage. That's parking for multiple vehicles, room for your RV, and endless storage for all your gear, gadgets, and seasonal storage. All outbuildings are wired with electricity, making them ready for work or play. The property also allows for small-scale hobby farming or horses. Prime location that blends quiet living with convenience, with shopping, parks, restaurants, and everyday essentials just minutes away, and only 4 miles from UNC for added ease of access. No HOA!
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| Nov 15, 2025 | Price Decreased |
$675,000
↓ $3K
(0.4%) | |
| Price Decreased | |||
| Oct 24, 2025 | Listed | $678,000 | |
| Listed | |||
| | |||
|
Sitting on a beautifully sized .83-acre lot, this custom-built ranch offers space, privacy, and the charm of mature trees all around. Well-maintained by its original owner, the property feels like a tucked-away retreat all in a convenient Greeley location just minutes from amenities. The main level feels bright and comfortable from the start, with well-defined spaces that maintain a seamless flow between one another. A classic brick fireplace anchors the main living area, while the kitchen keeps things simple and functional with modern white appliances and plenty of room to prep meals. A spacious sunroom with a hot tub offers the perfect year-round spot to unwind, enjoy natural light, or take in peaceful backyard views no matter the season. Three bedrooms are also conveniently located on this level, including a comfortable primary suite with its own private ensuite bathroom. Downstairs, the finished basement provides even more flexibility, featuring a large rec room that offers space for entertainment or lounging, along with two additional bedrooms and an unfinished area ideal for storage or future customization. Outside, the patio offers a gas hookup ready for your outdoor kitchen or grill setup, The property is also a dream for those who need space for hobbies or equipment, featuring an oversized shop, a detached 2-car garage, and an attached 2-car garage. That's parking for multiple vehicles, room for your RV, and endless storage for all your gear, gadgets, and seasonal storage. All outbuildings are wired with electricity, making them ready for work or play. The property also allows for small-scale hobby farming or horses. Prime location that blends quiet living with convenience, with shopping, parks, restaurants, and everyday essentials just minutes away, and only 4 miles from UNC for added ease of access. No HOA!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017