38611 MARSHALL STREET
About This Property
Step inside to find a bright and inviting interior with a functional floor plan, neutral finishes, and plenty of natural light. The updated flooring and fresh upgrades create a clean, modern atmosphere perfect for first-time homebuyers, downsizers, or investors looking for a turnkey opportunity.
The kitchen offers ample cabinet space and a fresh contemporary look, while the renovated bathroom features stylish tile work and updated fixtures. Major system upgrades such as the new roof and AC provide peace of mind for years to come.
Situated on a spacious lot in a quiet neighborhood, this property offers easy access to nearby parks, lakes, shopping, dining, and major roadways. Septic system. Whether you're looking for a primary residence or rental investment, this home is a fantastic opportunity.
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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 |
|---|---|---|---|
| Jun 30, 2026 | Sold | ||
| Sold | |||
| May 18, 2026 | In contract | - | |
| In contract | |||
| May 9, 2026 | Listed by LA ROSA REALTY CW PROPERTIES L | $249,000 | |
| Listed by LA ROSA REALTY CW PROPERTIES L | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017