3502 LAUNCELOT WAY
About This Property
The open-concept kitchen is a cook's dream, with ample space for multiple chefs and a cozy breakfast area. Enjoy seamless flow into the formal dining room or relax in the inviting family room, complete with a charming brick, wood-burning fireplace.
Take in the beauty of nature year-round from the four-season room, which backs to mature trees and attracts a variety of birds-an ideal spot for morning coffee or evening unwinding.
The expansive, unfinished basement offers endless potential: create a workshop, rec room, or your dream project space. It features a walk-out to the backyard and interior access to the oversized two-car garage, which provides plenty of extra storage or hobby space.
Explore the home virtually through the immersive 3D tour or detailed 2D floor plan-available online now!
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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 |
|---|---|---|---|
| Aug 1, 2025 | Sold | ||
| Sold | |||
| Jul 22, 2025 | In contract | - | |
| In contract | |||
| Jul 14, 2025 | Listed by Real Broker, LLC | $850,000 | |
| Listed by Real Broker, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017