3561 Garnet Ln
About This Property
The kitchen serves as the heart of the home, showcasing a large quartz island, upgraded stainless steel appliance package with microwave above the stove, upgraded Samsung smart refrigerator, cabinet above the fridge for added storage, abundant counter space, and crisp white cabinetry-combining both style and functionality for gatherings of any size. Quartz countertops are featured in both the kitchen and all bathrooms for a cohesive, modern finish.
The spacious primary suite is privately positioned away from the additional bedrooms, providing a peaceful retreat to relax and unwind. The secondary bathroom includes an extended vanity, offering additional space and convenience.
Enjoy modern, energy-efficient features including solar panels, a tankless water heater, smart thermostat, and fire sprinkler system-providing both comfort and potential cost savings. The low-maintenance front yard is designed with drought-tolerant landscaping and a drip irrigation system for easy upkeep. Completing the home is a two-car garage providing added convenience and storage.
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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 |
|---|---|---|---|
| Jul 2, 2026 | Sold | ||
| Sold | |||
| May 28, 2026 | In contract | - | |
| In contract | |||
| Apr 29, 2026 | Listed by Re/Max All-Pro | $484,000 | |
| Listed by Re/Max All-Pro | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017