12214 Cobblestone Drive
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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 27, 2025 | Sold | ||
| Sold | |||
| Aug 9, 2025 | In contract | - | |
| In contract | |||
| Jul 22, 2025 | Listed by Real Broker, LLC | $1,575,000 | |
| Listed by Real Broker, LLC | |||
| Jul 21, 2025 | In contract | - | |
| In contract | |||
| Jun 7, 2025 | Listed | $1,575,000 | |
| Listed | |||
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Experience elegance in this beautiful residence w/custom upgrades & timeless sophistication located in prestigious Memorial Forest. Inside Mahogany front door, welcomed w/lovely views of serene Outdoor Sanctuary w/custom designed covered patio, gourmet summer kitchen, wood burning grand fireplace, gas firepit & carved granite fountains. Well-appointed remodeled kitchen w/hand-crafted cabinetry, Paneled Sub-Zero frig, 52-bottle wine cooler, Paneled Asko dishwr, Murano glass pendant lighting, custom-crafted kitchen island w/Slate, double ovens & Dacor warming drawer! 1st fl Primary suite. 2nd bdrm and home office also on 1st fl; 2 bdrms & gameroom up. Expanded mudroom & relocated laundry remodel. Beautiful bathroom remodels w/custom cabinetry, stylish tile flooring, marble & granite countertops; updated windows; GAF Roof(2021); UPONOR Pex WH repipe(2020); GENERAC;GarageTek & epoxy(2018);HEOS audio netwk. Bunker Hill Elem/Memorial Middle/Memorial High
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017