3427 SE 138TH PLACE
About This Property
The home includes all-wood soft-close cabinets, granite countertops, a full-sized Lazy Susan, stainless steel appliances, and double-paned insulated windows. It also comes equipped with a high efficiency HVAC system, double pane high efficiency windows, and a high efficiency electric hot water heater.
Inside, you'll find an open layout with grey luxury vinyl plank flooring, vaulted ceilings, and great natural light. Outside is a fully sodded Bahia yard with a PARTIALLY privacy-fenced backyard, perfect for relaxing or entertaining.
Just minutes from shopping, dining, and The Villages. A clean, complete, move-in ready home waiting for its first owner.
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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 |
|---|---|---|---|
| Feb 6, 2026 | Sold | ||
| Sold | |||
| Nov 22, 2025 | In contract | - | |
| In contract | |||
| Nov 13, 2025 | Listed by ASHLAR REALTY | $224,900 | |
| Listed by ASHLAR REALTY | |||
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About Marion
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017