42
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4 MONARCH DRIVE
About This Property
The spacious layout offers multiple gathering spaces, including formal living and dining areas, plus a dramatic family room with vaulted ceilings, oversized arched windows, and a cozy double sided gas fireplace. The eat-in kitchen is designed for both everyday living and entertaining, featuring abundant cabinetry, a center island, generous counter space, and a sunny breakfast area with direct access to the rear deck.
The finished basement provides exceptional additional living space with endless possibilities for a media room, game room, fitness area, home office, or guest accommodations. A full bathroom and private sauna create the perfect retreat after a long day.
Outside, enjoy the large rear deck overlooking a peaceful, tree-lined backyard that offers both privacy and plenty of room for outdoor entertaining, play, or simply enjoying nature.
Additional highlights include a spacious two-car garage, main-floor laundry, recessed lighting, generous room sizes, and a flexible floor plan that comfortably accommodates both daily life and large gatherings.
Combining space, comfort, and an outstanding location, this is a home you'll be proud to call your own.
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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 |
|---|---|---|---|
| Oct 6, 2026 | Price Decreased |
$735,000
↓ $15K
(2%) | |
| Price Decreased | |||
| Sep 28, 2026 | Relisted | $750,000 | |
| Relisted | |||
| Sep 15, 2026 | In contract | - | |
| In contract | |||
| Aug 6, 2026 | Listed by Redfin | $750,000 | |
| Listed by Redfin | |||
| Jul 27, 2015 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017