33138 Rhine Avenue
About This Property
Conveniently, there is a guest bedroom on the entry level, which can also be used as a den or office, along with a full bathroom. Upstairs, the large primary suite offers a luxurious primary bath with his-and-her sinks, a walk-in closet, and a separate tub and shower with a glass enclosure. Three additional bedrooms and another full bathroom are also located on the upper level.
The backyard is an entertainer's dream, complete with a custom covered patio that overlooks the breathtaking golf course views. This home also features a three-car garage for ample storage. Residents enjoy access to award-winning schools and are just moments away from the beautiful amenities this desirable neighborhood offers.
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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 |
|---|---|---|---|
| Jul 29, 2025 | Sold | ||
| Sold | |||
| Jul 5, 2025 | In contract | - | |
| In contract | |||
| Jun 24, 2025 | Listed by Realty ONE Group Southwest | $699,900 | |
| Listed by Realty ONE Group Southwest | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017