39 BINSTED DRIVE
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 |
|---|---|---|---|
| May 29, 2025 | Sold | ||
| Sold | |||
| May 7, 2025 | In contract | - | |
| In contract | |||
| May 2, 2025 | Price Decreased |
$515,000
↓ $35K
(6.4%) | |
| Price Decreased | |||
| Apr 8, 2025 | Listed | $550,000 | |
| Listed | |||
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Welcome To This Stunning 2 Bed, 2 Bath Carrigan Model In The Sought-After 55+ Community Of Heritage At Medford, Built By Renowned Builder Bob Meyer. Offering Over 1,300 Sq. Ft. Of Thoughtfully Designed Living Space, This Charming Home Combines Comfort, Style, And Low-Maintenance Living. Built In 2014 And Meticulously Maintained, This Home Is Clean, Bright, And Spacious. Enter The Foyer And Fall In Love With The Open Concept Layout Adorned By Gleaming Hardwood Floors That Span The Entire Living Area. A Beautifully Appointed Kitchen, With An Abundance Of Warm Maple Cabinetry, Also Features Gorgeous Granite Counters, Stylish Tile Backsplash, A Large Pantry, Sleek Appliances, And A Convenient Center Island. Just Off The Kitchen Sits The Dining Room, As Well As The Expansive Living Room Where Sliding Glass Doors Lead To A Charming Patio With Serene Pond Views—Ideal For Relaxing And Enjoying Nature. The Generously Sized Primary Bedroom Features Large His And Hers Closets, As Well As A Nicely Appointed Ensuite Bath. Down The Hall Is The Laundry Room And Second Bedroom, Serviced By Its Own Dedicated Full Bath. An Oversized Attached 1 Car Garage Offers Even More Storage Space. Enjoy Being Just Seconds From All Route 70 Has To Offer…Shopping, Dining, Parks, And So Much More! Get Ready To Pack Your Bags, Move Right In, And Experience Carefree, Active Adult Living At Its Finest In This Vibrant Community.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017