1612 38th St 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 |
|---|---|---|---|
| Apr 14, 2025 | Sold | ||
| Sold | |||
| Mar 12, 2025 | Listed | $332,000 | |
| Listed | |||
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Sellers are motivated! Brand new roof and gutters in 2024! This is the home you've been waiting for! This inviting home features 3 bedrooms, 1 bathroom and an attached 1 car garage for all of your parking and storage needs! The kitchen features wonderful white cabinetry with stainless steel appliances and plenty of room to create amazing, gourmet meals. The 3 bedrooms are generously sized and offer lots of closet storage as well. The backyard is a perfect, fenced oasis complete with chicken coop and storage shed. Don't miss this incredible home!
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| Jan 10, 2025 | Listed | $335,000 | |
| Listed | |||
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Here is the home you've been waiting for! This inviting home features 3 bedrooms, 1 bathroom and an attached 1 car garage for all of your parking and storage needs! The kitchen features wonderful white cabinetry with stainless steel appliances and plenty of room to create amazing meals! The 3 bedrooms are generously sized and offer lots of closet storage as well. The backyard is a perfect, fenced oasis. Don't miss this incredible home!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017