198 Benefield Boulevard
About This Property
Step into this stunning, FRESHLY painted, three-level home nestled in the highly sought-after Forest View subdivision. Designed with an open floor plan and bathed in natural light from expansive windows, this home offers both elegance and comfort.
The main level features soaring 18-foot ceilings in the living room, a formal dining room, a cozy family room with a gas fireplace, and a spacious breakfast area. The gourmet kitchen is a chef's dream with stainless steel appliances and direct access to the attached two-car garage. You'll be welcomed by a magnificent front door and entry hall, along with a stylish powder room for guests.
Upstairs, the owner's suite is a true retreat with generous space and a serene atmosphere. You'll also find three additional bedrooms, a convenient laundry area, and ample closet space throughout.
The finished lower level is perfect for work and play, featuring a playroom, a home office, and sliding doors that lead to an expansive deck.
But the true showstopper is outside-this home doubles as your private vacation getaway! The multi-level decks, gazebo, and hot tub make it the ultimate space for relaxing or entertaining. Spend your evenings under dramatic outdoor lighting, enjoying everything this spectacular backyard has to offer.
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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 |
|---|---|---|---|
| Oct 23, 2025 | Sold | ||
| Sold | |||
| Aug 22, 2025 | In contract | - | |
| In contract | |||
| Jul 23, 2025 | Price Decreased |
$749,000
↓ $21K
(2.7%) | |
| Price Decreased | |||
| Jul 8, 2025 | Price Decreased |
$770,000
↓ $15K
(1.9%) | |
| Price Decreased | |||
| May 26, 2025 | Listed by Howard Hanna Rand Realty | $785,000 | |
| Listed by Howard Hanna Rand Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017