4317 Steinbeck Way
About This Property
Beautiful 4 bedroom home on a quiet street. This lovingly maintained, single-owner property sits on a corner lot perfect for outdoor gatherings. Over-sized tile throughout, great light with a nice NE rear exposure. The property feels removed from the hustle and bustle but is close to the town center and schools. 4 bedroom properties in Emerson Park are highly desirable. Call for your showing today!
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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 13, 2025 | Sold | ||
| Sold | |||
| Dec 20, 2024 | In contract | - | |
| In contract | |||
| Nov 12, 2024 | Price Decreased |
$430,000
↓ $10K
(2.3%) | |
| Price Decreased | |||
| Sep 23, 2024 | Price Decreased |
$440,000
↓ $10K
(2.2%) | |
| Price Decreased | |||
| Aug 27, 2024 | Listed by 84 Real Estate | $449,900 | |
| Listed by 84 Real Estate | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017