12038 Powderhorn Lane
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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%.
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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.
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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 |
|---|---|---|---|
| Jan 15, 2026 | Sold | ||
| Sold | |||
| Dec 9, 2025 | In contract | - | |
| In contract | |||
| Sep 25, 2025 | Listed by Sovereign Real Estate Grp | $265,000 | |
| Listed by Sovereign Real Estate Grp | |||
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Step into this beautifully maintained 3-bedroom, 2-bath home offering 1,556 sq. ft. of comfortable living space in a desirable community. Built in 2017, this residence combines modern touches with functional layout.
Inside you’ll find a bright, open floor plan accented by hard surface floors, with tile in wet areas and stylish finishes throughout. The kitchen offers ample cabinetry and sleek countertops—perfect for everyday living and entertaining.The primary suite stands out with generous space, a full bathroom featuring a dual vanity, and a large walk-in closet. Two additional bedrooms are well appointed and ideal for family, guests, or a home office. Outside, enjoy your private lot in a serene neighborhood setting. The home is unusually pet-friendly and move-in ready. With its great location and thoughtful design, this house is an excellent find in today’s market.
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| May 9, 2022 | Sold | ||
| Sold | |||
| Apr 7, 2022 | Listed by Team Mamo Realty, Inc | $239,900 | |
| Listed by Team Mamo Realty, Inc | |||
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This lovely 3 bedroom 2 bath well maintained home in a very desirable community. Many updates have been made in this house. Ceiling fans in every room, auto lights in master closet and laundry room and several other improvements.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017