3418 Santa Monica 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 |
|---|---|---|---|
| Aug 7, 2026 | Sold | ||
| Sold | |||
| Aug 6, 2026 | Listed by Epique Realty LLC | $345,000 | |
| Listed by Epique Realty LLC | |||
| May 2, 2025 | Sold | ||
| Sold | |||
| Mar 14, 2025 | In contract | - | |
| In contract | |||
| Mar 12, 2025 | Listed by Redman Realtors | $314,900 | |
| Listed by Redman Realtors | |||
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Beautifully updated 3 bedroom, 2.5 bath, home situated in the desirable High Meadows neighborhood with a new upgraded roof & recent HVAC, this home features engineered hardwood floors, vaulted ceilings, gas log fireplace, & double paned tilt sash windows, upgraded kitchen with granite countertops, convection oven, new solid-surface cooktop, under-mount lighting, & breakfast bar. Also included is the French door refrigerator freezer.
Also featured is a beautiful sunroom with Saltillo tile & a half bath, & French doors leading to the patio.
The primary bedroom retreat has a large ensuite providing separate vanity rooms, each with walk-in closets. All bedrooms are generously sized with carpet installed in 2021. The 2nd full bathroom includes a shower with luxurious jacuzzi tub and dressing area.
Outside, you'll find a lovely patio, large backyard with recently trimmed trees & custom 6 foot board over board fence, landscaped to include roses & Texas native plants with an irrigation system, as well as in-ground, nighttime lighting in both front & back. The home has a 2 car garage entering into a recently remodeled mud - laundry room with custom cabinetry, bench seating, room for a freezer, washer & dryer. There is also an integrated security system that includes door, smoke detectors, & glass break alarms, as well as carbon monoxide detectors.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017