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1436 Cambridge Point Drive
About This Property
Inside, the home offers a thoughtful layout with a separate office space and a formal dining area, providing flexibility for both work and hosting. The spacious living room is centered around a classic brick fireplace and opens directly to the back deck, creating an inviting space for gathering with family or entertaining guests while enjoying views of the private backyard. The updated kitchen features stainless steel appliances, a center island that overlooks the living room for easy interaction, and beautiful bay windows that fill the space with natural light while overlooking the backyard. The layout keeps the home open and functional while maintaining defined living areas.
All four bedrooms are located on the second level, creating separation between living and private spaces. The spacious primary suite features treyed ceilings and an en-suite bathroom with separate vanities, a deep soaking tub, a walk-in shower, and a large walk-in closet. Additional highlights include a main-level laundry room with built-in shelving for added storage and organization, along with a two-car garage.
The home has also seen extensive recent updates, including new interior paint throughout, new carpet and flooring, new blinds, and several new windows. Major systems have been addressed as well, with the roof replaced in January, the HVAC system just 4 years old, and the water heater only 1 year old. The septic system was pumped 5 months ago with no issues reported, and both electrical and plumbing have been updated for added peace of mind.
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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 |
|---|---|---|---|
| Apr 13, 2026 | Sold | ||
| Sold | |||
| Mar 12, 2026 | Listed by Greater Downtown Realty dba Keller Williams Realty | $500,000 | |
| Listed by Greater Downtown Realty dba Keller Williams Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017