3821 Mckinley Drive
About This Property
The heart of the home is the light-filled, open kitchen, which has been expanded to include abundant cabinetry, a generous bar for seating, and a built-in coffee bar that doubles as the perfect work-from-home station. Just off the kitchen, the spacious living room features wood floors, vaulted ceilings, a stacked stone fireplace, and glass doors leading out to the backyard.
The primary suite is a true retreat with an oversized, updated bathroom and a surprisingly spacious closet. Two additional bedrooms share a stylishly renovated guest bath, and there's even more flexibility with a bonus room the owners added in the garage-complete with its own air conditioning unit. Whether you need an office, guest room, workout space, or creative studio, this space can do it all-or be easily removed to restore full garage use.
Out back, a large, fenced parking pad offers space for up to four vehicles, perfect for extra cars, a boat, or an RV.
Located in an established neighborhood known for its mature trees and friendly streets, you're just a short stroll to the Chisholm Trail Greenbelt, area parks, highly rated Christie Elementary, and Schimelpfenig Library. This one checks all the boxes-updated, move-in ready, and full of possibilities.
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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 |
|---|---|---|---|
| Jul 18, 2025 | Sold | ||
| Sold | |||
| Jul 4, 2025 | In contract | - | |
| In contract | |||
| Jun 27, 2025 | Listed by Dave Perry Miller Real Estate | $340,000 | |
| Listed by Dave Perry Miller Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017