438 SCOTT AVENUE
About This Property
Don't miss out on this centrally located gem. Make this beautifully updated rancher your forever home 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 |
|---|---|---|---|
| Jan 10, 2025 | Sold | ||
| Sold | |||
| Dec 12, 2024 | In contract | - | |
| In contract | |||
| Dec 6, 2024 | Listed by Keller Williams - Main Street | $299,900 | |
| Listed by Keller Williams - Main Street | |||
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Welcome to 438 Scott Ave, where modern elegance meets comfortable living! This beautifully renovated rancher has been meticulously updated from top to bottom, offering the ease of one-level living with a contemporary touch. Step inside and be greeted by an abundance of natural light that fills the open-concept layout. The spacious family room seamlessly flows into the stylish kitchen, which is perfect for entertaining. With its striking wood-burning fireplace and charming wood beam ceiling detail, the living and dining area create a warm and inviting space for family gatherings. Enjoy the convenience of a mudroom right off the brand-new deck—a perfect spot for unwinding and hosting outdoor get-togethers. The home features three generously sized bedrooms and a tastefully updated hall bath, complete with classic subway tile and a tub-shower combo. Below, the expansive unfinished basement offers endless possibilities. Already equipped with a new hot water heater and HVAC, French drain, and sump pump, it’s a blank canvas waiting to be transformed—whether you envision a home gym, playroom, or media space.
Don’t miss out on this centrally located gem. Make this beautifully updated rancher your forever home today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017