38 Celestial Lane
About This Property
Brimming with warmth and character, the home features a cozy two-sided fireplace that can be enjoyed from both the living room and dining room - perfect for relaxing evenings by the fire. A beautifully fenced backyard provides an ideal space for outdoor entertaining or enjoying quiet mornings outdoors.
This well-designed home offers four bedrooms and two full bathrooms, including one conveniently located in an upstairs second-floor bedroom. Additional features include a half dormer, oversized two-plus-car garage with separate electric zone, a four-car driveway, an in-ground sprinkler system, and a full PVC privacy fence surrounding the property. A possible Certificate of Occupancy (C/O) for a mother/daughter setup adds excellent flexibility.
With its classic Cape Cod appeal and timeless layout, this home beautifully blends comfort, charm, and functionality in a picturesque setting. This is a wonderful opportunity!
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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 |
|---|---|---|---|
| May 1, 2026 | Sold | ||
| Sold | |||
| Apr 14, 2026 | In contract | - | |
| In contract | |||
| Apr 1, 2026 | Listed by Coldwell Banker American Homes | $599,000 | |
| Listed by Coldwell Banker American Homes | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017