1608 Tranquility Trail
About This Property
Enjoy the added benefit of being within walking distance to Chapel Park Elementary and Chapel Park-an inviting community space featuring a splash pad, pavilion, picnic tables, benches, a paved walking trail, and open grass sports fields.
With easy access to top-rated schools, shopping, dining, and everyday amenities, this location truly offers the best of both lifestyle and convenience.
Whether you envision a custom-built home tailored to your lifestyle or are seeking a smart investment in a thriving area, this property offers exceptional potential.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Sep 30, 2026 | Sold | ||
| Sold | |||
| Aug 26, 2026 | In contract | - | |
| In contract | |||
| Apr 20, 2026 | Listed by Camille Johnson | $45,000 | |
| Listed by Camille Johnson | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017