38 Pearson Dr
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 |
|---|---|---|---|
| Apr 15, 2026 | Sold | ||
| Sold | |||
| Mar 3, 2026 | In contract | - | |
| In contract | |||
| Feb 7, 2026 | Relisted | $815,000 | |
| Relisted | |||
| Feb 2, 2026 | In contract | - | |
| In contract | |||
| Jan 13, 2026 | Listed by RE/MAX Bentley's | $825,000 | |
| Listed by RE/MAX Bentley's | |||
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Welcome home to this beautifully maintained four bedroom, two bath Cape Split in the highly sought after Pearson Drive neighborhood. Offering over 2,700 sq. ft. of living space across three levels, the flexible floor plan easily accommodates a variety of needs delivering comfort, versatility, and energy efficiency. The updated kitchen features quartz countertops and opens to the living room with pellet stove, creating an inviting retreat for morning coffee or quiet reading. Just beyond, the dining area leads to the heart of the home, a spacious family room with cathedral ceilings and a wood-burning fireplace, ideal for everyday living and entertaining alike. Both the kitchen and family room open to an expansive back deck overlooking the backyard — perfect for summer dining, relaxing, or outdoor play. Additional highlights include solar panels for energy efficiency, a two-car garage, and ample storage throughout. Just minutes to town amenities, schools, and commuter routes. A true gem!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017