18400 NEW CUT ROAD
About This Property
Built to entertain, the main level features open living spaces and a stunning double-sided brick fireplace, complete with a built-in brick pizza oven. The chef's kitchen impresses with an enormous island, commercial-grade gas stove, and upgraded cabinetry. The main level primary ensuite has recently undergone a full revitalization, showcasing beautiful spa-like stonework throughout. The traditional upper level features two private bedrooms, a hallway full bath, and two additional bedrooms connected by a Jack-and-Jill style full bath.
The entertaining lifestyle continues into the basement, where a full wall of custom masonry and fireplace sets the scene alongside an expansive brick-laid wet bar with a built-in water feature.The outdoor spaces are equally impressive. Relax or entertain on the slate and brick patio featuring hardscape brick oven, all overlooking a level yard with serene natural wooded views. A detached garage structure with matching brick arches mirrors the home's exterior charm, perfectly suited as a pool house, studio, or additional garage and storage space.
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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 |
|---|---|---|---|
| Jun 30, 2026 | Sold | ||
| Sold | |||
| Jun 2, 2026 | In contract | - | |
| In contract | |||
| May 28, 2026 | Listed by EXP Realty, LLC | $975,000 | |
| Listed by EXP Realty, LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017