38191 CROSS GATE ROAD
About This Property
This beautiful home offers one level living and a wooded homesite! As you enter the home, there are 2 guest rooms and a full bath. Once you walk through the foyer, the home opens up to a lovely living/ dining/ kitchen area. The gourmet kitchen offers a stainless-steel double oven, cooktop, French door refrigerator, granite counters, 42-inch white cabinetry, a backsplash and pendant lights over the island! The living room is very cozy with a gas fireplace for those chilly Fall evenings. The rear of the home offers the primary suite which includes luxury vinyl flooring, and a great size walk-in closet with custom built ins.
Off of the dining area, you walk out to the screened in porch and paver patio and overlook the peaceful, wooded back yard. This view offers plenty of privacy and some beautiful landscaping installed by the seller.
Brand new HVAC system installed 2025, new dishwasher installed 2026
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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 |
|---|---|---|---|
| Oct 19, 2026 | Price Decreased |
$529,900
↓ $10K
(1.9%) | |
| Price Decreased | |||
| Sep 3, 2026 | Listed by Long & Foster Real Estate, Inc. | $539,900 | |
| Listed by Long & Foster Real Estate, Inc. | |||
| Dec 11, 2019 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017