33
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48 Ganung Drive
About This Property
Step inside and be greeted by refinished hardwood floors flowing seamlessly through the living room, dining room, and home office. The sun-filled family room with its dramatic cathedral ceiling opens to a level, expansive backyard – an outdoor retreat ideal for entertaining, birdwatching, or relaxing year-round.
The versatile layout offers both open gathering spaces and private retreats. At the heart of the home, the thoughtfully designed chef's kitchen boasts engineered stone countertops, KraftMaid 42" custom cabinetry, stainless steel appliances, and smart Wi-Fi-enabled oven and refrigerator. Imagine cozy nights by the fireplace, hosting friends, or making s'mores with loved ones. The main level features a primary suite with private bath, plus two additional bedrooms and a full bath. Upstairs, find two more bedrooms and another full bath – perfect for guests, a home office, or flexible multigenerational living. Natural light fills nearly every room, creating a warm and cheerful atmosphere throughout the day. This home has been carefully updated with a new roof, vinyl siding, energy-efficient windows, and a brand-new hot water heater. A large-capacity washer and smart dryer add modern convenience.
Set in a desirable neighborhood just minutes from local parks, hiking trails, top-rated schools, shopping, dining, and commuter routes, this home offers the lifestyle you've been searching for.
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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 |
|---|---|---|---|
| Dec 22, 2025 | Sold | ||
| Sold | |||
| Oct 30, 2025 | In contract | - | |
| In contract | |||
| Oct 3, 2025 | Listed by Houlihan Lawrence Inc. | $799,800 | |
| Listed by Houlihan Lawrence Inc. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017