39
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3984 1st 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 |
|---|---|---|---|
| Sep 4, 2026 | Listed by ERA American Real Estate | $229,900 | |
| Listed by ERA American Real Estate | |||
| Aug 13, 2026 | Price Decreased |
$235,000
↓ $5K
(2%) | |
| Price Decreased | |||
| Jul 30, 2026 | Listed by ERA American Real Estate | $239,900 | |
| Listed by ERA American Real Estate | |||
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MOTIVATED SELLERS WILL CONTRIBUTE UP TO $6,000 TOWARD BUYER'S CLOSING COSTS!! Ideally located just a few blocks from Laurel Hill School (K-12), this property offers the perfect blend of peaceful country living and everyday convenience. Newer 4-bedroom, 2-bath manufactured home on approximately 1.5 acres in the heart of Laurel Hill! Inside, you'll find a bright, farmhouse-inspired interior featuring neutral tones, durable luxury vinyl plank (LVP) flooring, and an open-concept design. The spacious living room flows seamlessly into the beautifully appointed kitchen, complete with a large center island, stylish pendant lighting, abundant cabinetry, and an adjoining dining area--perfect for gathering with family and friends. A second living area provides flexible space for a media room, home office, playroom, or additional entertaining. The spacious primary suite serves as a private retreat with a relaxing garden tub, dual vanities, a separate shower, and generous closet space. Three additional bedrooms offer plenty of room for family, guests or hobbies. Enjoy modern finishes throughout and ample outdoor space with approximately 1.5 acres to make your own. Whether you're looking for room to spread out, start a garden or simply enjoy the peaceful surroundings...this property is ready to welcome you home !! Please note: Seller will retain approximately 2 acres, including the older white home located on the north portion of the property. Sale is contingent upon successful lot split.
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| Jul 10, 2026 | Price Decreased |
$275,000
↓ $5K
(1.8%) | |
| Price Decreased | |||
| Jun 27, 2026 | Price Decreased |
$279,900
↓ $5K
(1.8%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017