24578 Derry Street
About This Property
Gorgeous 5-bedroom, 3.5-bathroom residence with the perfect blend of space and tranquility, nestled on a generous .44-acre lot surrounded by mature trees. This home has a sprawling 5,370 sq. ft. of living space and provides everything you need for rest and relaxation.
As you step through the dramatic entryway, you'll be greeted by soaring ceilings and abundant natural light. The heart of the home features a spacious open layout that seamlessly connects the living areas, making it perfect for gatherings. All bedrooms are generously sized, ensuring comfort for family and guests alike.
The upper level boasts a large game room, ideal for movie nights or playtime, and features two convenient staircases for easy access. Outside, enjoy the serenity of country living in your fully fenced yard, offering privacy and plenty of space for outdoor activities.
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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 3, 2026 | Price Decreased |
$489,000
↓ $10K
(2%) | |
| Price Decreased | |||
| Aug 6, 2026 | Price Decreased |
$499,000
↓ $26K
(5%) | |
| Price Decreased | |||
| Apr 20, 2026 | Listed by Connected Realty | $525,000 | |
| Listed by Connected Realty | |||
| Jun 2, 2025 | Price Decreased |
$579,999
↓ $20K
(3.3%) | |
| Price Decreased | |||
| Mar 11, 2025 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017