424 Preakness Place Road
About This Property
Set on more than one acre, this stunning property is designed not just to impress, but to be experienced. This inviting residence boasts 4 bedrooms, 2 full baths, a half bath, and a 3 car garage.
Step inside to discover a thoughtfully updated kitchen perfect for culinary adventures, and a beautifully remodeled primary bathroom, both Trane HVAC units have been replaced, along with the water heater and many other updates.
This is a home you truly won't want to miss, so be sure to schedule your showing. Additional pantry in the Utility room is plumbed and currently capped for a toilet, if desired. Also, second breaker box is installed on the property that could be used for swimming pool equipment.
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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 |
|---|---|---|---|
| May 15, 2026 | Sold | ||
| Sold | |||
| Apr 15, 2026 | In contract | - | |
| In contract | |||
| Apr 2, 2026 | Listed by Hall Real Estate | $618,000 | |
| Listed by Hall Real Estate | |||
| Apr 17, 2023 | Sold | ||
| Sold | |||
| Mar 5, 2023 | Listed by Coldwell Banker Apex, REALTORS | $600,000 | |
| Listed by Coldwell Banker Apex, REALTORS | |||
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4 Bedroom 2 story brick and stone home on 1 acre corner lot. Open floor plan with Master and study down with 3 bedrooms up. Move in ready with beautiful upgrades throughout. Large trees and complete landscaping with sprinklers. Wonderful location with convenient access to shopping and entertainment yet allowing benefits of country living.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017