1607 37th Ave Pl
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 |
|---|---|---|---|
| May 29, 2025 | Sold | ||
| Sold | |||
| May 8, 2025 | Listed | $850,000 | |
| Listed | |||
| | |||
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Welcome to this stunning 5,800+ square foot ranch-style residence nestled in Pine Ridge Estates. This sprawling 5-bedroom, 5-bathroom home has been newly painted on the main floor, and boasts beautifully re-finished hardwood floors. As you enter, you'll be greeted by vaulted ceilings, a designated dining room, a stunning office, and a formal living room. The kitchen features elegant granite countertops, double-ovens, and a brand new gas range that all open up to a comfortable great room with a gas fireplace. Enjoy seamless indoor-outdoor living with a large patio, perfect for entertaining or relaxing! In the basement, you'll find a massive family room, wet-bar, and an expansive storage room that meets all your organizational needs. With a 3-car garage, you'll have plenty of space for vehicles and recreational gear. This home truly has it all!
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| Jul 22, 2024 | Sold | ||
| Sold | |||
| Apr 4, 2024 | Listed | $850,000 | |
| Listed | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017