438 Southbrook Drive
About This Property
Inside, hardwood floors flow throughout the main level, where a spacious family room with a stone fireplace and gas logs. This room is flooded by natural light. The open layout connects to the dining area and a well-appointed galley kitchen featuring stainless steel appliances, abundant cabinetry, a new coffee bar with deep storage drawers, and a brand-new dishwasher. The owner's suite is oversized, with a beautifully tiled walk-in shower in the private bath. Upstairs, two large secondary bedrooms share a full guest bath.
Additional highlights include a tankless water heater, fresh interior paint, and true move-in ready-all set on a peaceful acre minutes from downtown Jasper.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Nov 12, 2025 | Sold | ||
| Sold | |||
| Oct 20, 2025 | In contract | - | |
| In contract | |||
| Sep 28, 2025 | Relisted | $367,900 | |
| Relisted | |||
| Sep 23, 2025 | In contract | - | |
| In contract | |||
| Sep 4, 2025 | Price Decreased |
$375,000
↓ $10K
(2.6%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017