43868 Butternut Drive
About This Property
Step inside and be greeted by a grand atmosphere, thanks to the impressive cathedral ceilings in the main living areas. The home features two distinct living spaces, each with its own fireplace, perfect for cozying up on a cool evening. The kitchen has been updated and offers functionality, making it a dream for anyone who loves to cook and entertain.
The large, private backyard is an entertainer's paradise, featuring a shady, covered patio perfect for al fresco dining or simply relaxing. You'll love the added privacy as there are no neighbors directly behind the property.
Out front, you'll find an expansive lot, providing plenty of room for outdoor activities, gardening, or even adding a pool. The 3-car attached garage offers ample space for vehicles and storage. This home's prime location puts you close to everything you could need, including Old Town, local wineries, top-rated schools, and plenty of shopping and dining options. Don't miss out on this fantastic opportunity!
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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 6, 2025 | Sold | ||
| Sold | |||
| Oct 23, 2025 | In contract | - | |
| In contract | |||
| Oct 10, 2025 | Price Decreased |
$749,000
↓ $36K
(4.6%) | |
| Price Decreased | |||
| Sep 12, 2025 | Listed by RE/MAX TIME REALTY | $785,000 | |
| Listed by RE/MAX TIME REALTY | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017