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38 PITMAN PLACE
About This Property
The spacious primary suite provides a private retreat with generous closet space and an en-suite bath, while the well-appointed guest bedroom and full hall bath offer comfort and privacy for family and visitors alike. Designed with convenience in mind, everything you need is located on the main level, complemented by a two-car garage, ample storage, and a thoughtfully designed floor plan that maximizes both function and flow.
Life at Parke Place extends far beyond your front door. Residents enjoy exceptional amenities, including a beautifully appointed clubhouse, sparkling community pool, scenic walking paths, and a vibrant calendar of social events-all set within meticulously landscaped grounds. Conveniently located just minutes from shopping, dining, healthcare, and everyday essentials, this home offers the perfect blend of low-maintenance living, active lifestyle, and unbeatable convenience.
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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 |
|---|---|---|---|
| Aug 29, 2026 | Price Decreased |
$395,000
↓ $30K
(7.1%) | |
| Price Decreased | |||
| Jul 15, 2026 | Listed by Greenside Realty | $425,000 | |
| Listed by Greenside Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017