2970 Settlers Way Drive
About This Property
remodeled to include so many beautiful upgrades. The property has a massive 50'x60' engineered red-steel RV Garage/Shop with a 14'x14' roll up door, 2-12'x12' roll up doors and endless storage. There are stunning designer finishes such as high ceilings, crown molding, granite countertops, high-end light fixtures, upgraded cabinets, large eat-in island, new appliances, a farmhouse sink and a coffee/wine bar complete with beverage fridge. Wood-like tile flooring throughout the home adds warmth and luxury. The primary bathroom includes a huge double shower, double sinks, and his & her walk-in closets. You can enjoy the country breeze while relaxing on the oversized covered patio with beautiful wood beams and a grout-less stone fireplace. The backyard has a fenced area and there is plenty of parking with a circular driveway and an oversized main driveway. This is truly a unique home!
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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 |
|---|---|---|---|
| Jul 22, 2026 | Sold | ||
| Sold | |||
| Jun 24, 2026 | In contract | - | |
| In contract | |||
| Jun 16, 2026 | Price Decreased |
$739,000
↓ $10K
(1.3%) | |
| Price Decreased | |||
| May 14, 2026 | Price Decreased |
$749,000
↓ $50K
(6.3%) | |
| Price Decreased | |||
| Apr 20, 2026 | Price Decreased |
$799,000
↓ $26K
(3.2%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017