1408 Old Ivey Road
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 |
|---|---|---|---|
| Mar 2, 2026 | Sold | ||
| Sold | |||
| Jan 19, 2026 | In contract | - | |
| In contract | |||
| Jan 16, 2026 | Listed by EXP Realty LLC | $625,000 | |
| Listed by EXP Realty LLC | |||
| Jul 17, 2025 | In contract | - | |
| In contract | |||
| Jul 9, 2025 | Listed | $625,000 | |
| Listed | |||
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Private Cape Cod Retreat on Nearly 1 Acre. No HOA! Detached Garage, RV Parking, and Multiple Outbuildings! Tucked away in the trees on a sprawling .97 acre homesite, this charming Cape Cod offers a rare combination of privacy, storage, and freedom all with no HOA or restrictive covenants. A circular driveway, covered front porch, and landscaped lot set the tone as you enter this beautifully maintained property just minutes to Hwy 540 and Hwy 64. The home features a main level primary suite with a sitting room or office, and a spa like bath with a freestanding soaking tub, granite topped dual vanities, and walk in shower. Upstairs, two additional bedrooms each have their own full bathrooms, and a versatile loft/bonus area makes a great home office or rec room. The gourmet kitchen is equipped with Wolf double ovens, 6-burner gas range, SS appliances and custom cabinetry, all open to the main living and dining areas. What sets this home apart? Detached two-car garage, covered RV parking, two additional storage/workshop outbuildings, separate garden hose shed with power and water access, newer metal roof, fenced backyard with wooded privacy, gravel drive with ample parking for trailers, boats, or work vehicles. Beautiful aerial views show just how tucked away and peaceful the property is! Whether you're seeking room for hobbies, a peaceful homestead, or space to park all your toys this Apex property delivers unmatched versatility in a location that keeps you close to everything.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017