22312 Modina
About This Property
The remodeled kitchen is the heart of the home and features granite countertops, stainless steel appliances, a large center island with pendant lighting, and ample cabinetry. The open layout flows seamlessly into the dining and living areas, highlighted by vaulted ceilings and a cozy fireplace that anchors the space.
Bamboo and ceramic flooring run throughout the home, complemented by central air conditioning and heating, recessed lighting, and an interior laundry area for added convenience. The bedrooms are well-proportioned and filled with natural light, while both bathrooms are thoughtfully updated.
Step outside to a private backyard designed for relaxation and entertaining, complete with a covered patio, generous lawn space, mature landscaping, and RV access. The yard offers plenty of room to garden, play, or host gatherings.
Additional features include a two-car garage and a wide driveway. The home is ideally located near community parks, tennis courts, schools, shopping, and everyday conveniences, while still offering the privacy of a cul-de-sac setting.
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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 9, 2026 | Sold | ||
| Sold | |||
| Feb 14, 2026 | In contract | - | |
| In contract | |||
| Feb 5, 2026 | Listed by Compass | $1,148,000 | |
| Listed by Compass | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017