43
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1508 Turnpike Rd
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 |
|---|---|---|---|
| Aug 25, 2026 | Listed by Crye-Leike, Inc., REALTORS | $439,999 | |
| Listed by Crye-Leike, Inc., REALTORS | |||
| Jun 6, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Jun 5, 2026 | No longer available | - | |
| No longer available | |||
| May 29, 2026 | Listed by RE/MAX Encore | $385,000 | |
| Listed by RE/MAX Encore | |||
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Welcome to Sweet Summertown! This beautifully updated brick ranch sits on a picturesque half acre and includes a brand-new 30x40 shop—perfect for hobbies, storage, or your next big project. Inside, you’ll find an open floor plan with a refreshed kitchen, a spacious laundry room, and hardwood floors throughout. Step into the oversized screened-in room overlooking a generous with an above-ground pool, ideal for relaxing or entertaining. The yard is partially fenced, making it perfect for pets. Adding to its charm, this property is rich in history—the Central Turnpike Hotel for the Summertown Springs once stood here, and the land is located along the Civil War Trail. A rare opportunity to own a home that blends modern comfort, outdoor space, and a meaningful connection to the past. (Also available with 2 more acres, see MLS 3071862)
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| Apr 4, 2026 | Listed by RE/MAX Encore | $469,000 | |
| Listed by RE/MAX Encore | |||
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Welcome to Sweet Summertown! This beautifully updated brick ranch sits on over 2.5 picturesque acres and includes a brand-new 30x40 shop—perfect for hobbies, storage, or your next big project. Inside, you’ll find an open floor plan with a refreshed kitchen, a spacious laundry room, and hardwood floors throughout. Step into the oversized screened-in room overlooking a generous with an above-ground pool, ideal for relaxing or entertaining. The yard is partially fenced, making it perfect for pets. Adding to its charm, this property is rich in history—the Central Turnpike Hotel for the Summertown Springs once stood here, and the land is located along the Civil War Trail. A rare opportunity to own a home that blends modern comfort, outdoor space, and a meaningful connection to the past. ***Property has road frontage on two roads and multiple water hook-ups if you want to build an additional home on the tract or split a lot off to sell!***
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017