137 Christine Drive
About This Property
Inside, you'll find spacious living areas, four well-proportioned bedrooms, two full bathrooms, and all appliances included in their current condition. While the home needs updating, its solid footprint and flexible floor plan provide an excellent foundation for renovation.
Outside, enjoy an expansive yard along with a rare additional gated, fenced lot that backs directly to a nature trail, offering extra privacy and outdoor enjoyment. A generator is also included, providing added convenience and peace of mind.
Conveniently located near shopping, restaurants, parks, schools, major roadways, and everyday amenities, this property presents a fantastic opportunity in a desirable neighborhood. Being sold as is, with the seller making no repairs. Bring your ideas and transform this home into something truly special. *Please note: the seller would like to keep the kitchen chandelier and is not included in the sale of the home.*
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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 19, 2026 | In contract | - | |
| In contract | |||
| Aug 7, 2026 | Price Decreased |
$295,000
↓ $25K
(7.8%) | |
| Price Decreased | |||
| Jul 16, 2026 | Listed by Redfin Real Estate | $320,000 | |
| Listed by Redfin Real Estate | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017