32 Locust 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 |
|---|---|---|---|
| Dec 18, 2025 | Sold | ||
| Sold | |||
| Oct 29, 2025 | In contract | - | |
| In contract | |||
| Oct 4, 2025 | Price Decreased |
$674,999
↓ $1
(0%) | |
| Price Decreased | |||
| Sep 30, 2025 | Listed by Douglas Elliman Real Estate | $675,000 | |
| Listed by Douglas Elliman Real Estate | |||
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Welcome home to this beautifully maintained 4 bedroom, 3 bath high ranch offering the perfect blend of style and comfort. Gleaming wood floors, recessed lighting and large windows fill the home with warmth and natural light. The updated eat in kitchen features granite countertops, creating an ideal space for cooking and entertaining. The primary bedroom offers large closets and primary bathroom. Head into the den which adds great space with a beautiful accent wall and bar, perfect for just relaxing or having company.
Make your way out to your own backyard oasis. The multi-level decks flow seamlessly to a spacious patio surrounded by lush, mature landscaping, gorgeous retaining walls and wrought iron fencing that provided both beauty and privacy. A one car garage and large driveway completes the move in ready home.
This turnkey property combines functionality with curb appeal and is a very close distance to The Sound.
Don’t miss the chance to make this yours.
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| Feb 26, 2024 | Sold | ||
| Sold | |||
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Data Source: OneKey MLS
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017