38 Pembroke Drive
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 |
|---|---|---|---|
| May 2, 2025 | Sold | ||
| Sold | |||
| Mar 25, 2025 | In contract | - | |
| In contract | |||
| Mar 19, 2025 | Listed | $574,900 | |
| Listed | |||
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Welcome to this well-maintained 3-bedroom, 1-bath ranch in a desirable South Lawrence neighborhood! Featuring over 2,300 sq. ft. of living space, including a finished basement, this home offers ample room for living and entertaining. The main level boasts a spacious living room with a fireplace, hardwood and laminate flooring, and a bright kitchen with modern appliances. The lower level adds versatility with a family room, laundry area, and additional storage. Situated on a corner lot, the exterior features vinyl siding, a deck, storage shed, and a paved driveway with off-street parking for two. Conveniently located near public transportation, parks, shopping, highways, and schools. Don’t miss this opportunity—schedule your showing today!
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| Nov 24, 2020 | Sold | ||
| Sold | |||
| Sep 30, 2020 | Listed by RE/MAX Partners | $420,000 | |
| Listed by RE/MAX Partners | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017