1704 LINCOLN DRIVE
About This Property
A classic center hall floor plan welcomes you into the spacious living room featuring a fireplace, built-in shelving, and abundant natural light. A conveniently located powder room is situated off the front hallway. The generous dining room is ideal for everyday living and entertaining, while original hardwood floors, crown molding, and a built-in corner cabinet add warmth and charm throughout.
Just off the living room, a sun-filled enclosed sunroom surrounded by windows offers the perfect space for a home office, reading room, or additional living area.
The expansive kitchen overlooks the backyard and features wood cabinetry, granite countertops, a large pantry, updated appliances, and a brand-new dishwasher. Sliding glass doors lead directly to the deck, creating an easy indoor-outdoor flow for dining and entertaining.
Upstairs, you'll find three bedrooms and full bath. The spacious primary suite offers abundant natural light and two generous closets. A well-sized secondary bedroom and a versatile third bedroom, currently configured as a custom closet and home office, provide flexible living options.
The lower level includes an additional full bath, laundry area with washer and dryer, and extra storage potential.
Outside, enjoy a large stone patio, private backyard, and detached two-car garage. Additional updates include a newer HVAC system and upgraded electrical panel, making this move-in-ready home as practical as it is charming.
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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 1, 2026 | In contract | - | |
| In contract | |||
| Sep 16, 2026 | Price Increased |
$445,000
↑ $33K
(7.9%) | |
| Price Increased | |||
| Aug 25, 2026 | Relisted | $412,500 | |
| Relisted | |||
| Aug 4, 2026 | In contract | - | |
| In contract | |||
| Jul 29, 2026 | Listed by Cummings & Co Realtors | $455,000 | |
| Listed by Cummings & Co Realtors | |||
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About Arbutus
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017