3831 Carpenter Avenue
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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%.
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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.
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Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
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Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 13, 2022 | No longer available | - | |
| No longer available | |||
| Jul 19, 2021 | Sold | ||
| Sold | |||
| May 20, 2018 | Listed | $575,000 | |
| Listed | |||
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This is a charming and renovated detached brick two-story one family home that was built in 1925. It has east, west and southern exposure. The home is set back from the sidewalk and you still have privacy because there is also a front lawn with a lovely planted floral garden. There is parking space for two cars on the property. There is a 2nd lot that is used as a very large back yard with a Gazebo/wooden covered area, large garden, area for cook outs and a small building for storage. The seller is motivated.It is a very sunny house. There are windows in each room as well as a skylight on the second floor. Handsome refurbished wooden period floors are throughout the home. The first floor has an entry foyer with a large closet, original veranda with two windows that over looks the front garden and the street and is presently being used as an office. The spacious living room has two windows. The separate formal dining has two windows. The windowed eat-in-kitchen has been totally gutted and renovated and has all new stainless steel appliances, dishwasher, washer dryer, microwave, stone back splash, ceramic tile flooring, walnut cabinets, pantry and granite counter tops. There is a chic guest bathroom also on the first floor.A solid wooden staircase with the original banister leads up to the second floor. The master bedroom has three windows and two closets, the second bedroom has one closet and there is a small bedroom with a window. The skylight is situated at the top of the staircase.The basement has been totally renovated. There is 4,067 unused FAR. The current tax bill is $4,304.00. The projected tax bill is $4,562.00. Zoning is R71.You can walk to White Plains Road shopping, parks and transportation. The closest station for subway lines 2, 3, 4 and 5 is on White Plains Road and 219th Street. Elementary schools P.S. 103, P.S. 344 and St Mary private elementary school are in the area.
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| Mar 23, 2015 | Sold | ||
| Sold | |||
| Nov 11, 2014 | Listed by RE/MAX Voyage Realty | $315,000 | |
| Listed by RE/MAX Voyage Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017