3726 Santa Monica Drive
About This Property
Inside, the spacious floorplan provides flexibility, with the 4th bedroom easily serving as a home office, game room, or hobby space. Updates throughout include new attic insulation, fresh paint in every room, updated light fixtures, new blinds, and a refreshed main bathroom. The kitchen has been upgraded with a new refrigerator, electric stovetop, sink, and microwave.
Additional features include epoxy-coated garage flooring, a new French-style back door, front yard landscaping, and even a projector with a 160" drop-down screen for the ultimate movie nights. Outdoors, enjoy beautiful grass, privacy fence, and versatile storage shed. With a new HVAC system installed in 2022 and standout curb appeal, this home is truly move-in ready!
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Cap Rate Calculator
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 3, 2025 | Sold | ||
| Sold | |||
| Oct 13, 2025 | In contract | - | |
| In contract | |||
| Oct 9, 2025 | Price Decreased |
$279,900
↓ $2K
(0.7%) | |
| Price Decreased | |||
| Sep 28, 2025 | Price Decreased |
$282,000
↓ $6K
(1.9%) | |
| Price Decreased | |||
| Sep 16, 2025 | Price Decreased |
$287,500
↓ $13K
(4.2%) | |
| Price Decreased | |||
Property Highlights
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About Park Central Area
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017