22 Tanbark Drive
About This Property
The entire first floor features brand new flooring, while the entire home has been freshly painted for a clean, modern look. Downstairs, the fully finished basement adds incredible versatility - offering space for a home office, guest room, or additional storage - complete with an updated half bath for convenience. Outside, enjoy the charming paver front porch and a spacious backyard deck made for gatherings, barbecues, and relaxing evenings. The home also features a paver driveway, a 2-year-old hot water heater, and thoughtful updates throughout.
Located just minutes from major roadways, parks, shopping, and the Garden State Parkway, this home offers the perfect mix of comfort, style, and convenience. Move right in and start enjoying everything this wonderful home 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 |
|---|---|---|---|
| Jan 28, 2026 | Sold | ||
| Sold | |||
| Oct 30, 2025 | In contract | - | |
| In contract | |||
| Oct 15, 2025 | Listed by EXP Realty | $589,999 | |
| Listed by EXP Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017