39 EL CARMELLO CIR
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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.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 23, 2025 | Sold | ||
| Sold | |||
| May 11, 2025 | In contract | - | |
| In contract | |||
| Apr 23, 2025 | Listed by Compass | $1,195,000 | |
| Listed by Compass | |||
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Sun-Drenched Indoor-Outdoor Sanctuary near Redwood Heights Elementary (9/10 by GreatSchools.org), tucked in quiet cul-de-sac Thoughtfully updated 3+ bed, 2-bath unfolds on ~9K SF lot—is a lush, private, sun-filled retreat. Grounds have been transformed combining two lots, adding retaining walls & french drains offering incredible everyday outdoor living. Many fun spaces include garden area, playhouse, turf, flagstone patio, deck & sunny orchard space all framed by mature landscaping w/ irrigation. Flex. layout opens w/ flowing main level, dramatic vaulted wood-beam ceilings & fireplace in living room. Generous dining room connects to updated kitchen w/ casual bar seating, full pantry, butler’s pantry, newer appliances, & breakfast nook w/ seamless access to backyard. Upstairs, 3 bedrooms share updated bath w/ pedestal sink, wainscoting, & built-in vanity. Lower street level offers versatile guest suite, office, or family space w/ full bath & adj. laundry room. Recent upgrades -- refinished hardwood floors, newer dual-pane windows, fresh exterior paint, vinyl plank flooring downstairs, owned solar system w/ battery backup, Ring doorbell, keyless entry, newer A/C, tankless water heater, insulated garage door, PLUS storage & garage. Close to 13, Montclair, Redwood Heights Elem, etc.
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| Aug 21, 2015 | Listed by COMPASS | $775,000 | |
| Listed by COMPASS | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017