43
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138 Tramway Circle
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 |
|---|---|---|---|
| Oct 16, 2026 | Price Decreased |
$439,990
↓ $9K
(2%) | |
| Price Decreased | |||
| Aug 27, 2026 | Listed by EXP Realty LLC | $449,000 | |
| Listed by EXP Realty LLC | |||
| Jun 10, 2025 | Relisted | $449,900 | |
| Relisted | |||
| Jun 4, 2025 | In contract | - | |
| In contract | |||
| May 11, 2025 | Listed | $449,900 | |
| Listed | |||
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Charming 4-bedroom, 2.5-bath home in a sought-after Johnston County neighborhood! The first floor features a spacious owner's suite with a tray ceiling, walk-in closet, dual vanity, water closet, garden tub, and separate shower. A versatile flex space on the main level is perfect for a home office or reading room. The kitchen is both stylish and functional, featuring granite countertops, a tile backsplash, and a premium ZLINE appliance package—including a gas range, electric oven, built-in microwave, and a French door refrigerator with double freezer drawers. Stainless steel throughout adds a sleek touch, complemented by tile flooring and an eat-in peninsula.
Upstairs, an oversized bonus room offers endless possibilities for a playroom, media room, or additional living space. Thoughtful upgrades throughout include double-paned filtered windows, smart toilets, and professionally installed blinds, ceiling fans, and TV mounts (with some TVs to convey). Enjoy peace of mind with a CPI security system, Ring doorbell, and four additional cameras. A screened-in porch overlooks the private backyard—perfect for relaxing or entertaining. Low annual HOA of just $575 adds to the appeal!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017