338 Macadamia Drive
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 |
|---|---|---|---|
| Dec 4, 2025 | Sold | ||
| Sold | |||
| Nov 14, 2025 | In contract | - | |
| In contract | |||
| Sep 26, 2025 | Price Decreased |
$229,900
↓ $20K
(8%) | |
| Price Decreased | |||
| Jul 22, 2025 | Listed by RE/MAX Crown Realty | $249,900 | |
| Listed by RE/MAX Crown Realty | |||
| | |||
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Beautifully maintained home sits on huge double lot with only one maintenance fee! Enjoy energy savings with solar panels located behind fence. New roof (2022). Interior features tile & plank flooring throughout living areas, while updated kitchen boasts an abundance of attractive wood cabinetry, tile backsplash, & ample countertop space. Split bedrooms provide privacy & both bathrooms offer W/I tiled showers. Entertain in the enclosed Florida room or on spacious patio overlooking the double lot. Highlights include accordion shutters for wind protection, two storage sheds, & double carport.
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| Apr 21, 2017 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017