3609 Wandering Trail
About This Property
Large living area with wood paneling and fireplace. Formal dining area. Large kitchen with breakfast area. Master bedroom with walk in closet and skylight in bath plus separate shower and large tub. Backyard features covered patio with plenty of trees. Many possibilities with this house. Owner selling as is and is priced accordingly.
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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 |
|---|---|---|---|
| Mar 23, 2026 | Sold | ||
| Sold | |||
| Feb 9, 2026 | In contract | - | |
| In contract | |||
| Dec 23, 2025 | Listed by The Mardia Group | $399,999 | |
| Listed by The Mardia Group | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017