2965 Buckthorn Drive
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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 16, 2026 | Price Decreased |
$319,124
↓ $20K
(5.8%) | |
| Price Decreased | |||
| Aug 6, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Aug 5, 2026 | Listed by The Signorelli Company | $338,624 | |
| Listed by The Signorelli Company | |||
| Jul 8, 2026 | Listed by The Signorelli Company | $330,724 | |
| Listed by The Signorelli Company | |||
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The Matagorda is a four-bedroom, three-bath floorplan that offers 2,084 square feet. The large living area with soaring ceilings offering plenty of room for relaxation and entertaining. The owner's retreat is a private sanctuary, featuring a spacious bathroom and a generous walk-in closet. A second bedroom downstairs offers flexibility as a nursery, study or guest space, while an upstairs game room provides an additional space to enjoy. Bluestem is more than a place to live, it’s a community designed for connection and quality of life. Community amenities include a playground, pocket parks, pickleball and multi-purpose courts, a covered pavilion, an artificial turf field, and walking trails. A central plaza with shaded picnic tables will give neighbors a place to gather and enjoy the outdoors.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017