38 Mayer Drive
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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 |
|---|---|---|---|
| Feb 24, 2026 | Sold | ||
| Sold | |||
| Dec 28, 2025 | In contract | - | |
| In contract | |||
| Dec 11, 2025 | Listed by The Machree Group, LLC | $599,000 | |
| Listed by The Machree Group, LLC | |||
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Gorgeous, newly renovated 3BR, 3-full bathroom home in The Hudson Hills neighborhood of Lloyd, Highland. Open-layout-island kitchen with granite countertops & all new appliances. Skylights and bay windows (all triple pane) provide an abundance of natural light in the living/dining room. Sliders off the dining room lead to a new deck overlooking the backyard. Primary bedroom with large en-suite bathroom, 2 other bedrooms and another full bathroom round out the main level. Downstairs features another large room with double closets, a full bathroom and a family room with sliders leading to the backyard. All new mini splits for heating and cooling downstairs and electric heat pump for heating and cooling upstairs. New roof, new Hardi-plank siding, with ample closet space throughout. Attached 2 car garage, electric door openers...No stone left unturned in this lovely home. Steps from the mid-Hudson bridge and the walkway over the Hudson. 3 miles to the Poughkeepsie train station & just minutes to some of the best wineries, the village of New Paltz and all the Hudson Valley has to offer, This is not one to be missed.
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| Jun 25, 2024 | Sold | ||
| Sold | |||
| Feb 7, 2024 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017