3028 42nd Ave
About This Property
Listed By
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| Sep 1, 2026 | Sold | ||
| Sold | |||
| Jul 31, 2026 | In contract | - | |
| In contract | |||
| Jul 11, 2026 | Price Decreased |
$415,000
↓ $20K
(4.6%) | |
| Price Decreased | |||
| May 6, 2026 | Listed | $435,000 | |
| Listed | |||
| |||
|
Welcome to this spacious 4-bedroom, 3-bathroom home offering 2,284 sq ft of comfortable living space in the sought-after Gateway Estates subdivision. With its flexible four-level layout, this property is perfectly suited for first-time buyers looking to grow or investors seeking a strong rental opportunity. The home features an open-concept main living area with vaulted ceilings, creating a bright and inviting atmosphere. Multiple living levels provide separation of space-ideal for families, roommates, or tenants. The kitchen comes fully equipped with electric range, oven, dishwasher, refrigerator, and microwave, making it truly move-in ready. Enjoy added convenience with central air conditioning and maintain a beautiful yard effortlessly with the built-in sprinkler system. With its generous square footage and functional design, this home offers excellent potential for both comfortable living and long-term value.
| |||
| Nov 6, 2025 | Listed by Austin & Austin Real Estate | $440,000 | |
| Listed by Austin & Austin Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017