3828 GREENRIDGE DRIVE
About This Property
This charming colonial is situated on a spacious half-acre corner lot and offers a wonderful blend of comfort and functionality. The home features four bedrooms and two and a half baths and was professionally painted in 2025, giving it a fresh and welcoming feel.
The inviting living room provides the perfect setting for entertaining guests or relaxing with family. A formal dining room with beautiful hardwood flooring adds elegance to everyday meals and special occasions alike. The kitchen is well-equipped with oak cabinetry, generous counter space, Corian countertops, and a convenient breakfast bar.
A main-level study with built-in shelving offers flexibility and could easily be converted into a fifth bedroom if desired. Additional features include a wood stove in the basement, a water softener system, and a new electrical panel installed in 2023.
Step outside to enjoy the covered rear porch, ideal for cookouts and casual gatherings. The mature, well-manicured yard is enhanced by professional landscaping and includes a storage shed for added convenience. A one-bay covered carport provides sheltered parking.
Located just minutes from Urbana, New Market, and major routes including Interstates 70 and 270, this home offers both tranquility and accessibility in a highly desirable location.
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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 |
|---|---|---|---|
| Sep 15, 2025 | Sold | ||
| Sold | |||
| Aug 23, 2025 | In contract | - | |
| In contract | |||
| Aug 2, 2025 | Price Decreased |
$499,000
↓ $30K
(5.7%) | |
| Price Decreased | |||
| Jul 22, 2025 | Listed by Long & Foster Real Estate, Inc. | $529,000 | |
| Listed by Long & Foster Real Estate, Inc. | |||
| Jul 11, 2025 | Price Increased |
$529,000
↑ $84K
(18.9%) | |
| Price Increased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017