118 Cranford Boulevard
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 |
|---|---|---|---|
| Nov 25, 2025 | Sold | ||
| Sold | |||
| Oct 21, 2025 | In contract | - | |
| In contract | |||
| Oct 8, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| Oct 8, 2025 | Listed by Signature Homes of New York | $499,999 | |
| Listed by Signature Homes of New York | |||
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This Home in Desirable Manor Park Development is a Beautifully maintained 3-bedroom ranch that perfectly blends comfort, style, and convenience. Set on a large corner lot in the Eastport-South Manor School District, this lovely home features a bright and spacious layout with an inviting living room, formal dining room, eat-in kitchen with plenty of cabinetry and stainless steel appliances, and a family room or fourth bedroom ideal for relaxing or entertaining. Enjoy modern touches throughout, including porcelain tile flooring, a luxurious bath with a Jacuzzi tub, central air, and a one-car attached garage with extra storage. The outdoor space is just as impressive, offering a fully fenced in park like yard with a cobblestone-lined driveway, in-ground sprinklers, and a peaceful koi pond. Move right in and experience easy one-level living with super low taxes in a quiet neighborhood close to parks, shopping, restaurants and beaches.
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| Oct 1, 2025 | Price Decreased |
$520,000
↓ $20K
(3.7%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017