2028 Butternut RD
About This Property
The living room is bright and inviting, featuring beamed ceilings, crown molding, and plenty of natural light. The kitchen opens seamlessly to the main living area and includes granite countertops, an electric cooktop, built-in oven and microwave, breakfast bar, and a casual dining space, perfect for both daily living and entertaining.
The primary suite is privately situated and offers a spacious layout with a large walk-in shower. Three additional bedrooms provide flexibility for guests, a home office, or family needs. Spray foam insulation enhances energy efficiency which equates to lower electricity bills.
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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 |
|---|---|---|---|
| Sep 26, 2026 | No longer available | - | |
| No longer available | |||
| Aug 28, 2026 | Price Decreased |
$349,900
↓ $25K
(6.7%) | |
| Price Decreased | |||
| May 1, 2026 | Listed by Jason Mitchell Real Estate Texas | $375,000 | |
| Listed by Jason Mitchell Real Estate Texas | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017