3840 Clark Avenue
About This Property
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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 |
|---|---|---|---|
| Feb 11, 2025 | Sold | ||
| Sold | |||
| Jan 9, 2025 | Listed by Compass | $1,159,000 | |
| Listed by Compass | |||
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From the moment you step into this stunning contemporary home, you'll be captivated by its exquisite details. The open-concept interior seamlessly flows into an expansive backyard, featuring mature Lemon, Lime, and Avocado trees, a cozy firepit, and a newly built Fiberon composite deck. Recently expanded by 214 sq ft, this residence was designed as the owner's dream home. With plans changing, it now presents an opportunity to become the home of your dreams. The heart of this home is the impressive 12-foot kitchen island, complete with seating and a waterfall edge in Calcutta Altas Quartz. This culinary centerpiece includes a 30” farmhouse sink, a beverage refrigerator, and stylish pendant lights. Classic grey cabinets with gold pulls and easy-rolling drawers complement the luxe Celine porcelain tile backsplash and high-end Samsung stainless steel appliances. Perfect for entertaining, the artfully-designed bar features custom made cabinetry, a tile backsplash, a second beverage refrigerator, and display shelves. It’s ideally situated next to the kitchen and new Milgard French doors, which open to the rear yard for effortless indoor-outdoor living. The spacious primary suite offers sunny views of the backyard and includes a large walk-in closet, a beautifully renovated bathroom, and a new ensuite laundry area. Upgrades abound, with newer dual pane windows, new plumbing and electrical systems in the addition areas, HVAC ducting, luxury vinyl flooring, and a new graphic tile fireplace surround. Exterior enhancements include a fresh paint job, custom shutters, a new irrigation system, and updated lighting around the home. Additionally, the rear access garage driveway has been newly paved. Centrally located with easy access to the 405 and 91 freeways, this charming home offers a vibrant lifestyle with nearby golf courses, schools and walking distance from Heartwell Park, LBX with The Hangar, Whole Foods, Orange Theory, shops, and restaurants.
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| Sep 17, 2019 | Sold | ||
| Sold | |||
| Aug 9, 2019 | Listed by Keller Williams Realty | $639,000 | |
| Listed by Keller Williams Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017