27
Map
45 Tain Drive
About This Property
The home has been completely upgraded inside and out while maintaining its original character, featuring Andersen windows and doors, new insulation, central air conditioning, new hardwood floors, a high-efficiency heating system, brand-new plumbing, fully updated electrical wiring with a 200-amp panel ready for EV charging, and a central water filtration system. Additional upgrades include a new roof, new driveway, walkway, backyard patio, and professionally redesigned landscaping with a new lawn irrigation system, all in excellent condition.
Located in the Village of Russell Gardens, residents enjoy village amenities including a community pool, tennis courts, and playground, as well as nearby Parkwood Sports Complex and the scenic waterfront Steppingstone Park. Conveniently located close to LIRR, shopping, buses, schools, and parks, with easy access to Northern Boulevard and major highways.
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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 |
|---|---|---|---|
| Jun 22, 2026 | Sold | ||
| Sold | |||
| Apr 11, 2026 | In contract | - | |
| In contract | |||
| Mar 12, 2026 | Listed by Lin Pan Realty Group LLC | $1,980,000 | |
| Listed by Lin Pan Realty Group LLC | |||
| Sep 18, 2023 | Price Decreased |
$1,050,000
↓ $240K
(18.6%) | |
| Price Decreased | |||
| Sep 17, 2023 | Price Increased |
$1,290,000
↑ $291K
(29.1%) | |
| Price Increased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017