33248 M 62 W
About This Property
Major mechanical updates include a roof, well, bladder tank, and furnace approximately 8 years old, along with a heating boiler installed approximately 6 years ago. The basement has been waterproofed, and the home is heated via boiler/hot water heat. Propane gas (rented tank).
Additional updates completed in 2020 include a water softener, updated PEX plumbing, iron water filter, hot water tank, and an upgraded electrical service.
A standout feature is the insulated 4+ car garage, ideal for vehicles, storage, hobbies, or workspace, along with an uninsulated area suitable for animals. The garage is complemented by two attached carports for additional covered parking.
Zoned for both residential and commercial use, this property offers flexibility for a variety of residential or business needs. A rare opportunity to own acreage with valuable zoning options and extensive garage space.
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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 |
|---|---|---|---|
| Feb 18, 2026 | Sold | ||
| Sold | |||
| Jan 20, 2026 | In contract | - | |
| In contract | |||
| Dec 23, 2025 | Listed by eXp Realty | $269,900 | |
| Listed by eXp Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017