1522 Longacre Drive
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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 22, 2025 | Sold | ||
| Sold | |||
| Sep 18, 2025 | In contract | - | |
| In contract | |||
| Sep 11, 2025 | Listed by Benevides & Associates | $1,625,000 | |
| Listed by Benevides & Associates | |||
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Extensive remodel in Spring Branch. 5 total bedrooms with 2 down, including the large primary. New roof 2025. Backyard completely reimagined with outdoor kitchen, covered patio, privacy fencing, and room to play. Refinished hardwood flooring throughout. Kitchen update includes floor-to-ceiling cabinets and a unified quartz slab counter. Jenn Air built-in fridge, new Kitchen Aid gas 5 burner stove top. Designer lighting and wallpaper accents. Built-ins and beams in the study. 2 new HVAC units. Long driveway with automated gate. Oversized garage with workshop. No back neighbors! Zoned to top rated Valley Oaks Elementary, Spring Branch Middle, and Memorial High School. Henry Froehner Park is just around the corner.
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| Oct 4, 2021 | Sold | ||
| Sold | |||
| Jul 16, 2021 | Listed by PRD, Inc. | $1,139,000 | |
| Listed by PRD, Inc. | |||
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Luxurious Home on the Creek. Fabulous Curb appeal. Enjoy Swim Spa at Backyard Overlooking Wooded Area. Perfect Floor Plan for Family and Entertaining. Dramatic Two Story Den Accent w Gas Log Fireplace. Primary Bed Room plus Second Bedroom at 1st Floor w Private Bathes. 5 Bed Room. 4 1/2 Bath. Game Room. Inviting Foyer. Formal Dining. Charming Study w Beams. Remodeled Kitchen 2014. Decorator Touch. Refinished Hardwoods Throughout first and second floor. Plantation Shutters. Central Vacuum. Over-sized Garage. Zoned to Award Winning Spring Branch Schools. Quality Built Energy Efficient Home Ready for Move In. Enjoy Henry Froehner Park in walking distance!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017