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4050 Field Dr
About This Property
Set on .52 acres, 4050 Field Drive offers more than 2,200 square feet, all on one level. Floor-to-ceiling windows frame the outdoors in the expansive living room, where a stately fireplace creates a striking first impression. The vaulted family room has a character all its own, with exposed beams, skylights and a Colorado flagstone fireplace. A separate heated sunroom overlooks the backyard in every season. With two generous living spaces, there's room to host a crowd, settle in by the fire or find a quiet corner.
The kitchen preserves a piece of the home's history with original 1957 metal cabinetry, freshly painted and paired with new countertops and backsplash. A newly built butler's pantry adds extensive cabinetry, counter space and storage- along with fresh interior and exterior paint to complement the home's original character. Three spacious bedrooms and two vintage baths complete the one-level layout.
Outside, a sprawling covered deck opens to a tree-shaded yard with space to gather, garden, play or imagine what comes next. Mature trees lend the property a sense of privacy and permanence, and the lot offers a connection to the outdoors from nearly every gathering space. An attached three-car garage adds exceptional utility for a home of this era.
The architecture, the land and the neighborhood all tell the same story: 4050 Field Drive is a place to make your own while appreciating everything that makes it one of a kind.
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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 1, 2026 | In contract | - | |
| In contract | |||
| Sep 24, 2026 | Listed | $999,000 | |
| Listed | |||
| Aug 9, 2024 | Sold | ||
| Sold | |||
| Jul 14, 2024 | In contract | - | |
| In contract | |||
| Jul 9, 2024 | Price Decreased |
$898,000
↓ $52K
(5.5%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017