1618 Otis Dr
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 |
|---|---|---|---|
| Oct 8, 2026 | Listed | $609,500 | |
| Listed | |||
| Dec 23, 2025 | Sold | ||
| Sold | |||
| Nov 13, 2025 | In contract | - | |
| In contract | |||
| Oct 24, 2025 | Listed by Orchard Brokerage LLC | $599,999 | |
| Listed by Orchard Brokerage LLC | |||
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Welcome to easy main flooring in this 2-bedroom, 3-bath ranch home with a finished basement that offers additional living space. As you arrive, a charming exterior and low-maintenance yard invites you in, offering all the beauty of a well-kept property without the endless upkeep. Step inside to an open-concept layout anchored by gleaming hardwood floors that add warmth and flow. The spacious kitchen is sure to impress with beautiful granite countertops, stainless steel appliances and large kitchen island. Just off the kitchen, the dining area and living room flow seamlessly together, making it easy to stay connected with family or guests. The living room's generous layout allows for a variety of furniture arrangements and is perfect for cozy nights by the double sided fireplace.
The large primary suite is a true retreat with a spacious walk-in closet and luxurious 5-piece bath, Down the hall, a dedicated office with French doors provides a quiet, inspiring space for work or creativity.
One additional bedroom, full bathroom, and laundry complete the main floor. Downstairs, find an expansive rec room that can easily accommodate a media area, game tables, fitness equipment, or a hobby space, A full second kitchen offers multigenerational living potential. A 3/4 bath adds convenience, and a partially finished bedroom gives you the opportunity to add your personal touch and finish it to your liking. The tandem 3-car garage offers space for vehicles, tools, or outdoor gear. Enjoy your morning coffee or evening glass of wine on the patio without the hassle of constant yard work. Conveniently located to HWY 66, I-25 and Ken Pratt Blvd. HOA includes Click the Virtual Tour link to view the 3D walkthrough. Discounted rate options and no lender fee future refinancing may be available for qualified buyers of this home.
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| Nov 15, 2011 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017