3311 MONARCH
About This Property
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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 12, 2025 | Sold | ||
| Sold | |||
| Aug 4, 2025 | In contract | - | |
| In contract | |||
| Jul 21, 2025 | Listed by RE/MAX Associates | $625,000 | |
| Listed by RE/MAX Associates | |||
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Gorgeous 5bdrm 4bath quality Perry built home in the beautiful gated community of Terraces at Encino! Primary suite and extra room plus a full bath downstairs! 3 car garage! Amazing updates and the home is just drenched in natural light. The kitchen is a dream, with updated quartz counters, 42" cabinets, updates appliances and so much more! Even the light fixtures are fabulous...speaking of fabulous the dining room looks like it could be in a magazine! Come tour this gem!
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| Jun 14, 2013 | Sold | ||
| Sold | |||
| Feb 27, 2013 | Listed by Clark Realty & Associates,LLC | $349,900 | |
| Listed by Clark Realty & Associates,LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017