40
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223 Thompson Drive
About This Property
The first-floor primary suite is a private retreat with a spa-inspired bath featuring dual vanities, soaking tub, separate shower, and a spacious walk-in closet. Upstairs you'll find a large game room, theater-style media room with leather seating, and four additional bedrooms, including a private guest suite with an ensuite bath.
The resort-style backyard is designed for year-round enjoyment with an expansive covered patio, outdoor TV, extended entertaining deck, and beautifully landscaped yard-perfect for relaxing or hosting family and friends.
Ideally situated within walking distance of the neighborhood elementary school, scenic walking trails, playgrounds, community pool, basketball courts, sand volleyball court, and baseball fields. This exceptional home offers the perfect blend of luxury, comfort, and an outstanding family-friendly lifestyle
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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 |
|---|---|---|---|
| Sep 11, 2026 | Price Decreased |
$524,995
↓ $10K
(1.9%) | |
| Price Decreased | |||
| Aug 29, 2026 | Price Decreased |
$534,995
↓ $5K
(0.9%) | |
| Price Decreased | |||
| Aug 8, 2026 | Price Decreased |
$539,995
↓ $5K
(0.9%) | |
| Price Decreased | |||
| Jul 15, 2026 | Listed by CAPROCK Real Estate Advisors LLC | $545,000 | |
| Listed by CAPROCK Real Estate Advisors LLC | |||
| Aug 17, 2023 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017