2406 MONARCH WAY
About This Property
Inside, 9-foot ceilings, neutral colors throughout, and dual-zone heating and cooling create a bright, comfortable atmosphere. The main level welcomes you with a foyer entrance and a formal dining room accented with box trim and crown molding. A private bedroom and full bath on this level are ideal for guests or multi-generational living.
At the heart of the home, the gourmet eat-in kitchen shines with an island featuring seating and a breakfast bar, quartz countertops, wall oven, gas cooktop, and pantry with a dedicated coffee bar area. This space is designed for both entertaining and everyday living, flowing seamlessly into the family room. Luxury vinyl plank flooring runs throughout the main level, including the convenient laundry room.
Upstairs, you'll find a versatile loft space and additional bedrooms, along with a spacious primary suite. The primary bath offers a soaking tub, separate walk-in shower, and dual sinks, creating the perfect retreat. The hall full bath is thoughtfully designed with the tub and toilet separated by a door from the vanity area, adding convenience and functionality for busy mornings.
The basement expands your living options with a spacious family room, bathroom rough-in, and a framed sixth bedroom with walk-in closet ready for your finishing touch.
Outdoors, enjoy a private yard backing to trees with no neighbor on one side, offering both serenity and space to entertain.
This home truly has it all-style, function, and room to grow.
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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 29, 2026 | Sold | ||
| Sold | |||
| Dec 15, 2025 | In contract | - | |
| In contract | |||
| Dec 2, 2025 | Price Decreased |
$725,000
↓ $14K
(1.9%) | |
| Price Decreased | |||
| Oct 9, 2025 | Price Decreased |
$739,000
↓ $11K
(1.5%) | |
| Price Decreased | |||
| Sep 12, 2025 | Listed by Compass Home Group, LLC | $750,000 | |
| Listed by Compass Home Group, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017