34
Map
377 Locust Drive
About This Property
Step inside to find antique pine wood flooring, a bright and open layout with cathedral ceilings, a skylight, and central air for year-round comfort. The kitchen features gas cooking, and the Anderson windows allow natural light to flood the space.
This home has been thoughtfully updated with an architectural roof, new driveway, two-zone in-ground sprinklers, and a brand new cesspool. A partially finished basement provides additional living space or storage.
With low taxes and nothing to do but move in, this home is the perfect year-round residence or weekend retreat.
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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 |
|---|---|---|---|
| Oct 28, 2025 | Sold | ||
| Sold | |||
| Jul 26, 2025 | In contract | - | |
| In contract | |||
| Jul 15, 2025 | Listed by Douglas Elliman Real Estate | $460,000 | |
| Listed by Douglas Elliman Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017