1842 Monarch Cir
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 |
|---|---|---|---|
| Mar 28, 2025 | Sold | ||
| Sold | |||
| Feb 17, 2025 | Listed | $560,000 | |
| Listed | |||
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This spacious two-story home offers a versatile floor plan with three bedrooms and two bathrooms upstairs, plus a main-floor room that can serve as a fourth bedroom or office. A half bath is also conveniently located on the main level. Wood floors extend throughout the main level, complementing the open living spaces. The living room features a cozy gas fireplace, and ceiling fans enhance comfort in all three upstairs bedrooms as well as the living room. The home includes a three-car tandem garage, a high-efficiency furnace and water heater, central air and an active radon mitigation system. Outdoor living is exceptional with a very large deck, and the property backs and sides to the HOA neighborhood trail system, ensuring privacy with no neighboring homes directly behind or to the west. The unfinished basement provides room for expansion or can be used for storage, a home gym, or additional office space.
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| Dec 23, 2015 | Sold | ||
| Sold | |||
| Aug 3, 2011 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017