3740 HIGHWAY 83
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 |
|---|---|---|---|
| Apr 25, 2025 | Sold | ||
| Sold | |||
| Mar 23, 2025 | In contract | - | |
| In contract | |||
| Feb 28, 2025 | Listed by Dwelli Inc. | $695,000 | |
| Listed by Dwelli Inc. | |||
| Nov 14, 2024 | Listed by Dwelli | $695,000 | |
| Listed by Dwelli | |||
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Welcome to this modern farmhouse that was built in 2022 and situated on 2 acres with NO HOA. Enter through the covered front porch and portico through the double doors to hardwood floors throughout and a large family room with vaulted ceilings that has exposed wooden beams and a stack stone fireplace with built ins. The large open kitchen seamlessly flows into the dining room that is perfect for entertaining or family gatherings. The kitchen boasts an oversized island, quartz countertops, stainless steel appliances, pot filler, wood vent hood, farmhouse sink, and a large walk-in pantry with barn door. The split bedroom plan includes the owner's suite on the main floor that features wooden ceiling beams complete with an on-suite bathroom that has his and hers vanities, spa like marble shower, free standing tub, and a walk-in closet with custom built ins that is attached to the spacious laundry room with built in cabinets and counter top that is perfect for folding clothes. Two secondary bedrooms with jack and jill bathroom complete the main floor. Upstairs you will find a bonus room/4th bedroom with a full bathroom. Walk outside to the rear covered porch that features vaulted ceilings with wood accents, overlooking private acreage with extensive landscaping and irrigation. This home has been meticulously maintained and ready for you to move in and enjoy! As an added benefit, the preferred lender for this property is offering a $6,000 lender credit for first- time home buyers or up to $3,000 in a home improvement gift card if you are not a first-time home buyer.
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| Jun 3, 2022 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017