2881 SE 41ST PLACE
About This Property
Step outside to discover your personal oasis, featuring a refreshing pool and a detached garage that includes water and electricity, as well as convenient RV parking.
Experience the perfect blend of relaxation and convenience-enjoy your expansive retreat while being just minutes away from downtown. With easy access to dining, shopping, entertainment, and medical facilities, this home perfectly combines the charm of country living with the benefits of urban life. Don't let this unique opportunity pass you by!
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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 |
|---|---|---|---|
| Aug 27, 2026 | In contract | - | |
| In contract | |||
| Apr 24, 2026 | Price Decreased |
$1,395,000
↓ $105K
(7%) | |
| Price Decreased | |||
| Mar 20, 2026 | Price Decreased |
$1,500,000
↓ $50K
(3.2%) | |
| Price Decreased | |||
| Sep 11, 2025 | Price Decreased |
$1,550,000
↓ $243K
(13.5%) | |
| Price Decreased | |||
| Mar 20, 2025 | Listed by JOAN PLETCHER | $1,792,500 | |
| Listed by JOAN PLETCHER | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017