4042 3rd NE
About This Property
French doors open to a large partially covered deck overlooking a brand-new 33-foot above-ground pool with a safety fence-ideal for entertaining or relaxing. Outside, you'll find two campfire areas, twelve raised garden beds, and a 25-foot professionally built chicken coop with a walk-in hen house and exterior-access nesting boxes. The property includes a double carport, a three-bay carport, dual RV hookups, and a storm cellar.
A highlight of this property is the detached shop with a professional-grade car lift, perfect for projects or business use. Solar panels power both the home and shop, keeping energy costs low. Recent updates include a new roof, full fencing, new gates, fresh paint, flooring, pool, pump system, and more.
Located just outside city limits yet minutes from Ardmore conveniences, this property offers the best of country living-space, function, and efficiency, all in one beautifully maintained package.
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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 |
|---|---|---|---|
| Jun 9, 2026 | In contract | - | |
| In contract | |||
| Jun 2, 2026 | Listed by Epique Realty | $331,500 | |
| Listed by Epique Realty | |||
| May 23, 2026 | In contract | - | |
| In contract | |||
| Apr 17, 2026 | Price Decreased |
$332,500
↓ $1K
(0.3%) | |
| Price Decreased | |||
| Feb 28, 2026 | Price Decreased |
$333,500
↓ $1K
(0.3%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017