3508 Cambridge Road
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 |
|---|---|---|---|
| May 14, 2025 | Sold | ||
| Sold | |||
| Mar 24, 2025 | In contract | - | |
| In contract | |||
| Mar 20, 2025 | Listed by Urban Durham Realty | $1,195,000 | |
| Listed by Urban Durham Realty | |||
| May 9, 2023 | No longer available | - | |
| No longer available | |||
| Mar 29, 2023 | Listed by Urban Durham Realty | $1,195,000 | |
| Listed by Urban Durham Realty | |||
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Welcome to a thoughtfully designed Hope Valley Country Club home nestled on a .721 acre lot, in a prime location, near the renowned Donald Ross Golf Course. You will appreciate the peace & tranquility that greets you as you enter the home through a naturally landscaped beautiful bed of azaleas. Once inside, you are greeted by a meticulously remodeled kitchen and primary bath designed by the well respected CQC Home Builder Team. From the quartz countertops to the sparkling stainless appliances, the chef of the day will appreciate cooking and entertaining from a cheerful light-filled kitchen. The sounds of birds chirping, as you walk along the charming brick walkways to the magical backyard paradise, will refresh your spirit as you share a meal with friends on a gracious stone patio. On the lower level, a multitude of options for a guest suite, home office or fifth bedroom await the fortunate buyer. A 3rd floor spacious bonus room & an enormous walk in attic will be a pleasant surprise. Rest comfortably with a new roof installed in 2017, upgraded electrical panel and updated baths. The perfect place to call home! The manager has listed the unit size as 3466 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017