38 Cole
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 |
|---|---|---|---|
| Mar 12, 2025 | Sold | ||
| Sold | |||
| Feb 5, 2025 | In contract | - | |
| In contract | |||
| Jan 29, 2025 | Listed by Leading Edge Real Estate | $827,000 | |
| Listed by Leading Edge Real Estate | |||
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This home, boasting 4 bedrooms and 2.5 baths, is located on nearly an acre of land abutting protected conservation land. Key features include a roof replaced in 2021, hardwood floors on the main floor, and exterior paint with Rhino-shield protection. The main floor features an open concept design, seamlessly connecting the large living, dining, and kitchen areas, with a sliding door leading to the deck, perfect for entertaining. The kitchen boasts an island, ceramic backsplash, and granite countertops. Natural light pours into the versatile lower level which includes a home office, bedroom, sizeable family room with a gas insert and stone hearth, built-in benches with bookshelves, a half bath and a laundry room, as well as ground level access to the concrete patio in the backyard. Additional features include AC and a large yard for recreation and relaxation. This home offers space, modern amenities, and a private woodland oasis location close to town, the highway, and the beach.
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| Jan 8, 2021 | Sold | ||
| Sold | |||
| Sep 23, 2020 | Listed by Leading Edge Real Estate | $579,900 | |
| Listed by Leading Edge Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017