44810 Rock Island Dr.
About This Property
Even better, the workshop is so versatile you could even run a business from home. It features its own full bathroom plus an upstairs area, offering endless possibilities for workspace, storage, or a creative studio. Inside the main home, enjoy new paint throughout, a newer HVAC system, dual-pane windows, and a bright kitchen with plenty of cabinet space for storage and a brand-new stove. The downstairs room can easily serve as an additional bedroom, home office, or flex space, while the 360 sq ft enclosed patio provides extra room for entertaining, fitness, or play.
Sitting on a large 15,270 sq ft lot at the end of a cul-de-sac, the property also offers exterior RV access in addition to the oversized garage/workshop. Centrally located near schools, parks, shopping, and commuter routes-this home truly has it all.
What an opportunity-don't miss out on this rare gem with the ultimate garage/workshop setup!
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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 19, 2025 | Sold | ||
| Sold | |||
| Oct 3, 2025 | In contract | - | |
| In contract | |||
| Sep 18, 2025 | Listed by Platinum Real Estate Vip | $499,900 | |
| Listed by Platinum Real Estate Vip | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017