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2405 Charlene Drive
About This Property
Inside, hardwood and tile flooring flows throughout the home, complemented by a generously sized laundry room. The expansive two-car garage is a standout feature, enhanced by a mini-split AC unit, upscale built-in cabinetry, and an additional one-car space appointed with extra storage, countertop workspace, and a sink. It's a dream workspace for any hobby or trade,
Lovingly cared for by its original owners, this custom-built home reflects a rare level of quality and attention to detail. Constructed with extra footing and rebar in the foundation and featuring a floor safe, this property offers a strong sense of enduring value, thoughtful design, and lasting peace of mind. This home is a MUST SEE and won't last long at this amazing price point.
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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 |
|---|---|---|---|
| Oct 23, 2026 | Sold | ||
| Sold | |||
| Sep 23, 2026 | In contract | - | |
| In contract | |||
| Sep 15, 2026 | Price Decreased |
$475,000
↓ $14K
(2.9%) | |
| Price Decreased | |||
| Aug 21, 2026 | Price Decreased |
$489,000
↓ $10K
(2%) | |
| Price Decreased | |||
| Aug 13, 2026 | Price Decreased |
$499,000
↓ $900
(0.2%) | |
| Price Decreased | |||
Property Highlights
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017