38 Collins Rd
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 |
|---|---|---|---|
| Sep 1, 2026 | In contract | - | |
| In contract | |||
| Aug 10, 2026 | Listed by Mattson Properties, LLC | $325,000 | |
| Listed by Mattson Properties, LLC | |||
| May 21, 2026 | Sold | ||
| Sold | |||
| May 6, 2026 | In contract | - | |
| In contract | |||
| Apr 29, 2026 | Listed by REMAX Executive Realty | $525,000 | |
| Listed by REMAX Executive Realty | |||
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Perched prominently atop a stone faced grassy knoll, this solid Mid-Century Modern Ranch which is so well-loved by longterm owners presents an incredible ownership opportunity for a buyer with a vision! Serenity & privacy abound from the beautiful .93 acre lot w/ a massive wraparound patio. For the contractors, landscapers, auto mechanics, fitness buffs or hobbyists, the 30’x30’ 2 car garage/workshop w/ high ceilings & heated by a Jotul wood stove is another major highlight of this special property. While the house itself has many original features, it also has many recent big ticket improvements including: roof on house & garage ('22); septic system ('21); high efficiency BUDERUS oil burner; water heater; insulation in walls & attic & some electrical updates. Front to back living rm w/ hardwood floors & Jotul wood stove. 3 bedrms. Finished bonus space w/ a 3rd fireplace in the basement PLUS a 30’ unfinished rm & a 3rd car garage! Bring your design plans & make this one shine again!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017