41 Cape Cod
About This Property
Inside, light wood flooring and recessed lighting create a cohesive, refreshed look throughout the main level. The entry opens to a formal living room with tall ceilings and a step-down stone fireplace. Adjacent is a wet bar, followed by a formal dining room featuring sliding glass doors that open to a central atrium. The atrium, partially covered and partially open, allows natural light to flow into the surrounding spaces and connects directly to a flexible office or bedroom with its own sliding door access.
The kitchen and secondary living area are positioned toward the rear of the home. The kitchen is highlighted by a large island with a waterfall-style countertop, updated cabinetry, and modern finishes. Sliding doors from this area lead to the backyard which features fresh fencing, a concrete patio, and a grassy lawn.
A full bathroom on the main level has been updated with contemporary fixtures, a refreshed shower, and a smart toilet. Additional cabinetry and space for a laundry area are conveniently located near the garage.
Upstairs, the primary suite offers a spacious layout with ample closet space and an updated ensuite bathroom featuring dual vanities, a separate soaking tub, and new glass-enclosed shower. Sliding doors provide abundant natural light and access to a private balcony. Two additional well-sized bedrooms and a full updated bathroom complete the upper level.
Overall, the home delivers a modern, move-in-ready feel with thoughtful updates, bright interiors, and a clean contemporary design.
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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 |
|---|---|---|---|
| Feb 5, 2026 | Sold | ||
| Sold | |||
| Jan 31, 2026 | In contract | - | |
| In contract | |||
| Jan 22, 2026 | Listed by Keller Williams Realty Irvine | $1,999,900 | |
| Listed by Keller Williams Realty Irvine | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017