37 Philip Rd
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 |
|---|---|---|---|
| Nov 17, 2025 | Sold | ||
| Sold | |||
| Oct 15, 2025 | In contract | - | |
| In contract | |||
| Oct 2, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| Oct 2, 2025 | Listed by Compass | $3,248,000 | |
| Listed by Compass | |||
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Superior craftsmanship and premium finishes in this brand-new 6 bedroom Lexington residence featuring a sun-kissed central courtyard and magazine-worthy contemporary design. Meticulously executed by one of the area's best developers, this exquisite home welcomes you with high ceilings, hardwood floors and rows of windows and natural light. Enjoy three inviting living spaces, including a charming lounge and fireplace great room. The dining room is flanked by the courtyard, deck and backyard patio for indoor-outdoor entertaining, while the adjacent open kitchen impresses with custom cabinetry, a waterfall island and upscale appliances. An office, two powder rooms and a secondary suite round out the main level. Above, you'll find four more suites, including a luxurious primary with a walk-in closet and spa bath. An attached 3 car garage and a walkout basement with a huge rec room, bed, and bath complete this stunning, high quality built home.Top-rated schools, Rte. 2, I-95 and Wilson Farm
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| Sep 25, 2025 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017