446 Covenant Way
About This Property
Inside, the open-concept floor plan is bright and welcoming, featuring a spacious living area that flows seamlessly into the kitchen and dining space. The kitchen offers ample cabinetry, generous counter space, a large island, and an ideal layout for everyday living and entertaining. The private primary suite features elegant tray ceilings, a large walk-in closet, a whirlpool tub, and a separate shower, creating a comfortable retreat at the end of the day. Three additional bedrooms provide flexibility for family, guests, a home office, or hobbies.
Step outside to enjoy both covered front and back porches, along with a deck overlooking the fenced backyard. Whether you are hosting a cookout, watching children or pets play, or simply enjoying the peaceful country setting, this outdoor space is designed to be enjoyed year-round.
Additional highlights include:
True one-level living
Built in 2018
4 bedrooms, 2 full bathrooms
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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 |
|---|---|---|---|
| Aug 17, 2026 | Sold | ||
| Sold | |||
| Jul 15, 2026 | Listed by Realty Executives Associates | $499,900 | |
| Listed by Realty Executives Associates | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017