129 UNDERWOOD Drive
About This Property
New Gutters (2024) - Recently installed for improved drainage and curb appeal. Private Pool - Perfect for cooling off in the summer and entertaining year-round. 1-Car Carport - Covered parking and additional driveway space. Spacious Layout - 1,215 sq ft of well-designed living space with great natural light. Step inside to a warm and welcoming interior that's perfect for families, first-time buyers, or anyone looking to enjoy peaceful living with room to spread out. The kitchen boosts updated elegant cabinetry and portable island. The bedrooms are comfortably sized, and the primary suite offers its own private bath. Outside, the large backyard is a private oasis with a sparkling pool and screened enclosure with a generous 0.37-acre lot, that is beautifully maintained.
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Cap Rate Calculator
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 20, 2025 | Sold | ||
| Sold | |||
| Oct 23, 2025 | In contract | - | |
| In contract | |||
| Sep 15, 2025 | Price Decreased |
$279,900
↓ $5K
(1.8%) | |
| Price Decreased | |||
| Aug 31, 2025 | Listed by UNITED REAL ESTATE GALLERY | $285,000 | |
| Listed by UNITED REAL ESTATE GALLERY | |||
| Aug 11, 2022 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017