3 Marlene Court
About This Property
The main level features a sun-drenched open floor plan designed for effortless daily living and entertaining. Downstairs, the spacious finished lower level extends your living space with a generous family room with a brick fireplace, an additional bedroom, a full bathroom, laundry and access to a spacious two car garage-perfect for guests, an office, or an au-pair suite.
Outdoors, step out onto the expansive deck or relax on the large patio complete with a retractable awning, overlooking .33-acres of level property, surrounded by old growth trees and an attractive stone wall. Plenty of possibilities with this move-in ready home in a coveted neighborhood!
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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 |
|---|---|---|---|
| Nov 4, 2026 | Listed by Julia B Fee Sothebys Int. Rlty | $1,795,000 | |
| Listed by Julia B Fee Sothebys Int. Rlty | |||
| Aug 31, 2004 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017