38 Concord Rd
About This Property
Listed By
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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 |
|---|---|---|---|
| Nov 4, 2026 | Listed by NextHome Luxury Realty | $1,169,000 | |
| Listed by NextHome Luxury Realty | |||
| Oct 31, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Oct 1, 2026 | Price Decreased |
$1,198,000
↓ $41K
(3.3%) | |
| Price Decreased | |||
| Sep 7, 2026 | Listed by NextHome Luxury Realty | $1,239,000 | |
| Listed by NextHome Luxury Realty | |||
| |||
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Price Reduced!! Seller offering $10,000 closing cost/Interest rate buy down. First year rate can drop close to 5.375% (depending upon buyer financial situation ). Welcome to a truly unique, one-of-a-kind residence that stands in a league of its own. Unlike typical new construction properties that artificially inflate their size by counting below-grade space, this magnificent home boasts nearly 3,600 square feet of expansive, light-filled living space entirely above ground. Need even more room? An additional 1,200+ square feet awaits your personal touch in the unfinished basement, offering incredible equity potential. Gleaming hardwood floors flow seamlessly throughout the thoughtful layout, which features 4 spacious bedrooms, a dedicated first-floor den/office, a large chef’s pantry, and a rare second-floor family room perfect for movie nights. Outside, the property transforms into a private oasis featuring a stunning custom landscaped garden complete with a dedicated vegetable patch. Perfectly located just minutes from major highways and premier shopping, this unparalleled home truly must be seen to be adored. You will not find another like it!
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| Aug 1, 2026 | Withdrawn | - | |
| Withdrawn | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017