3536 38th Ave
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 |
|---|---|---|---|
| Oct 18, 2025 | No longer available | - | |
| No longer available | |||
| Aug 6, 2025 | Sold | ||
| Sold | |||
| Jun 27, 2025 | Withdrawn | - | |
| Withdrawn | |||
| Jun 26, 2025 | Listed | $427,500 | |
| Listed | |||
| | |||
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5K Seller Concessions available. Welcome to this stunning ranch-style home! This beautifully updated four-bedroom, two-bath gem offers the perfect blend of comfort, elegance, and practicality. From the moment you arrive, you'll be captivated by the brand-new exterior paint and the inviting front porch, perfect for enjoying morning coffee or winding down at sunset. Step inside, and you'll find a bright and open layout adorned with luxury vinyl plank flooring and vaulted ceilings, creating a warm yet spacious atmosphere. The heart of the home is the thoughtfully designed open-floor plan, featuring a cozy living room, formal dining area, and an impeccably remodeled gourmet kitchen. The kitchen showcases crisp white shaker cabinets, sleek quartz countertops, modern lighting and hardware, a full tile backsplash, and stainless-steel appliances. For added luxury, there's a wine fridge and a built-in wine and glass rack! The main floor also boasts a large primary bedroom complete with an en-suite and walk-in closet, two more nice sized bedrooms, a convenient laundry area, and a chic, newly renovated main bathroom. Heading downstairs, you'll discover a finished fourth bedroom and a versatile open space in the basement, ready to be customized to your desires. This home is equipped with newer HVAC systems (2018), including a Carrier furnace, central A/C, and a whole-house humidifier-ensuring year-round comfort. Outside, the backyard is fully fenced and features a lovely patio, perfect for entertaining or relaxing. With its inviting curb appeal, thoughtful updates, and prime location, this exceptional home won't stay on the market long. Schedule your showing today and make it yours! One Year rate buy down with preferred lender, call for details.
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| May 3, 2025 | Price Decreased |
$430,000
↓ $10K
(2.3%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017