38 SELMA TRAIL
About This Property
The kitchen is both stylish and functional, showcasing quartz countertops, upgraded level 2 cabinetry with crown molding and decorative hardware, subway tile backsplash, and stainless steel Frigidaire appliances. The separate dining area creates a cozy space for family meals, while the spacious living room opens onto a covered patio, perfect for outdoor relaxation.
Throughout the main living areas, luxury vinyl flooring adds a sleek touch, while the bedrooms feature plush carpeting with an upgraded 8lb pad for extra comfort. The primary suite provides a private retreat with his-and-her sinks, quartz countertops, and a well-appointed en-suite bathroom.
Adding to the home's appeal are stone accents on the front exterior, blinds on all windows for privacy,
With its elegant finishes and spacious layout, this home is move-in ready.
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Cap Rate Calculator
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 26, 2025 | Sold | ||
| Sold | |||
| Apr 30, 2025 | In contract | - | |
| In contract | |||
| Apr 25, 2025 | Relisted | $329,990 | |
| Relisted | |||
| Apr 15, 2025 | In contract | - | |
| In contract | |||
| Apr 4, 2025 | Price Decreased |
$329,990
↓ $15K
(4.4%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017