18 Richard Drive
About This Property
The dream kitchen is a true centerpiece: richly-stained cherry cabinets, gleaming granite countertops, and a large window overlooking the deep double sink set the stage for culinary inspiration. The expansive island includes a bar sink and four stools, offering a perfect spot for casual dining or entertaining. Adjacent is a versatile breakfast area/den/study with tile flooring, a vented gas fireplace, and a triple window arrangement - all opening onto an inviting sunroom equipped with its own storage closet and a mini-split system for year-round comfort.
Step outside to a fenced patio and a dedicated yard area, perfectly suited for pets or casual outdoor gatherings.
The living room features warm wood flooring, a propane gas fireplace with a graceful mantel, and a hand-painted accent wall adding character and charm.
A well-located hallway offers a convenient half bath and generous additional closet storage. The primary bedroom boasts plush carpeting, a beautiful chandelier, and ample closet space, along with access to a Jack & Jill bathroom featuring a large tub and separate shower. The second bedroom also offers access to the second full bath, abundant closet space, and a sliding door that leads directly to a sunroom with private courtyard.
The oversized two-car garage includes attic storage, an electrical room, and a light-filled workshop space, plus a secondary side door for added convenience.
Bonus: This home comes with an assumable VA loan - a tremendous opportunity for eligible buyers.
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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 |
|---|---|---|---|
| Dec 18, 2025 | Sold | ||
| Sold | |||
| Nov 20, 2025 | In contract | - | |
| In contract | |||
| Nov 10, 2025 | Listed by Realty Group 1 LLC | $425,000 | |
| Listed by Realty Group 1 LLC | |||
| Apr 7, 2019 | No longer available | - | |
| No longer available | |||
| Feb 18, 2019 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017