38 Barker Drive
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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 30, 2025 | Sold | ||
| Sold | |||
| Feb 28, 2025 | In contract | - | |
| In contract | |||
| Jan 15, 2025 | Listed by Douglas Elliman Real Estate | $750,000 | |
| Listed by Douglas Elliman Real Estate | |||
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STONY BROOK. Welcome to this charming expanded ranch in the B-Section of Stony Brook. Boasting 6 bedrooms and 3 full bathrooms, this home offers ample space for family and guests. As you enter, the foyer leads to a formal living room and dining room with vinyl flooring throughout. The eat-in kitchen is equipped with stainless steel appliances. The cozy family room is complete with a wood-burning fireplace and offers access to a sunroom, laundry room, and garage. The first-floor primary suite includes a full private bathroom. Two additional bedrooms and another full bathroom are also on this level. Upstairs, you'll find three more bedrooms with spacious closets and a full bathroom with double vanity. Outside, the large backyard is ideal for entertaining, gardening, or relaxing. With a perfect balance of indoor and outdoor spaces, this home is perfect for large gatherings and creating lasting memories.
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| May 6, 2024 | Sold | ||
| Sold | |||
| Mar 20, 2024 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017