38
Map
38 Arcade
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 |
|---|---|---|---|
| Oct 10, 2026 | Price Decreased |
$4,500,000
↓ $250K
(5.3%) | |
| Price Decreased | |||
| Aug 4, 2026 | Listed by Harvest Realty Development | $4,750,000 | |
| Listed by Harvest Realty Development | |||
| Apr 20, 2024 | No longer available | - | |
| No longer available | |||
| Feb 28, 2024 | In contract | - | |
| In contract | |||
| Feb 15, 2024 | Listed by Smart Real Estate Solutions | $3,888,000 | |
| Listed by Smart Real Estate Solutions | |||
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Welcome to 38 Arcade, nestled within the exclusive guard-gated community of The Summit at Turtle Ridge. Situated on a serene cul-de-sac street, this highly updated Fiore Plan 2 residence spans nearly 3,000 square feet of living space, providing a versatile floor plan with four bedrooms and the builder option for a fifth, along with three and a half baths. Inside, you'll discover a main level office/formal living room, formal dining room, and a family room off the upgraded kitchen, offering ample space for both entertaining and daily ease of use. The heart of the home is the gourmet kitchen, boasting high-end Viking and Sub-Zero appliances, dual sinks, new countertops, a large center island, and a charming breakfast nook filled with daily sunlight. On the second level, a generous master suite awaits, featuring a spa-like bathroom with updated dual vanities, an oversized walk-in shower, a standalone tub, and a size-able walk-in closet. An additional wing on this level houses three secondary bedrooms and a laundry room.
Beyond the walls of the home, enjoy a professionally landscaped backyard complete with low-maintenance artificial turf, a shade-providing trellis, serene greenery, and an outdoor seating area – an ideal space for al-fresco gatherings. Residents of The Summit at Turtle Ridge also enjoy resort-style association amenities, including two pools, a clubhouse, fitness center, playgrounds, a theater, hiking trails, and more. Conveniently located just a short distance from the nationally ranked Vista Verde Elementary and Middle Schools and in proximity to the renowned University High School, 38 Arcade offers a lifestyle of luxury, privacy, and convenience. The manager has listed the unit size as 2921 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017