40
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2245 Strangmeier Road
About This Property
Inside, the home features a thoughtful layout with a private primary wing complete with a remodeled bathroom. The custom kitchen includes granite countertops, abundant cabinet storage and counter space. High ceilings, wood-grain composite flooring, a striking wood-burning fireplace, and well-placed windows fill the home with natural light.
The exterior is equally impressive, featuring a well-kept, oversized backyard with a large covered patio and plenty of room for a pool. Professionally landscaped grounds include a sprinkler system connected to a private water well. A gated entrance, rock flower beds, extra covered parking, and stone and stained wood exterior add to the property's appeal.
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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 |
|---|---|---|---|
| Jun 13, 2026 | Price Decreased |
$585,000
↓ $13K
(2.1%) | |
| Price Decreased | |||
| May 5, 2026 | Relisted | $597,500 | |
| Relisted | |||
| May 1, 2026 | In contract | - | |
| In contract | |||
| Apr 1, 2026 | Listed by Coldwell Banker Properties Unlimited | $597,500 | |
| Listed by Coldwell Banker Properties Unlimited | |||
| Feb 20, 2026 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017