39 Knollwood Lane
About This Property
This raised ranch offers a flexible layout and strong potential for the right buyer. The top level features an eat-in kitchen with plenty of cabinet space and a large window overlooking the deck and backyard-perfect for letting in natural light while you cook. The open-concept living and dining area makes the space feel bright and connected, with sliding glass doors leading to a spacious deck ideal for entertaining. The full bathroom upstairs includes a double vanity, adding extra functionality to the main level.
Downstairs, you'll find a pristine lower level complete with a family room, full bath, laundry area, and kitchenette-plus a flexible bonus room and a home office space. Whether you're a first-time buyer ready to roll up your sleeves or looking for a property with multi-generational potential, this home is worth a look.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Sep 30, 2025 | Sold | ||
| Sold | |||
| Jul 30, 2025 | In contract | - | |
| In contract | |||
| Jun 18, 2025 | Listed by Keller Williams Realty | $549,999 | |
| Listed by Keller Williams Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017