38 HEPBURN
About This Property
From the moment you enter through the charming front door, you're greeted by a spacious sitting room and enclosed porch, setting the tone for what's to come. On one side, discover a private fourth bedroom ideal for guests or a home office. Follow through to the backyard retreat featuring an in-ground saltwater pool, expansive entertaining patio, and a one-of-a-kind Lider-style chimney grill - perfect for summer nights and weekend gatherings.
The heart of the home offers an open-concept living and dining area with stunning floors, designer light fixtures, and thoughtful storage solutions. The modern kitchen shines with rich cherry cabinets, granite countertops, and updated stainless-steel appliances - blending functionality and beauty.
Both bathrooms have been tastefully renovated with modern vanities and ceramic tile floors. Major system upgrades include a new HVAC system, new hot water heater, solar panel installation, and a replaced main sewer line - giving buyers peace of mind and long-term value.
This is more than a house - it's a lifestyle 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 |
|---|---|---|---|
| Oct 23, 2025 | Sold | ||
| Sold | |||
| Sep 26, 2025 | In contract | - | |
| In contract | |||
| Sep 13, 2025 | Price Decreased |
$380,000
↓ $5K
(1.3%) | |
| Price Decreased | |||
| Jun 26, 2025 | Listed by Keller Williams Realty - Moorestown | $385,000 | |
| Listed by Keller Williams Realty - Moorestown | |||
| Jan 14, 2022 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017