488 LONG BRANCH ROAD
About This Property
Inside, the bright and open living area features abundant natural light, crown molding, neutral finishes, and attractive flooring throughout the main living spaces. The open-concept layout seamlessly connects the living room, dining area, and kitchen, making the space ideal for everyday living and entertaining.
The kitchen offers generous counter space, abundant cabinetry, a large peninsula with additional storage, stainless steel appliances, pendant lighting, and an adjoining dining area.
The primary bedroom includes an en-suite bath with a step-in shower and grab bars. Additional bedrooms offer ample closet space, ceiling fans, and neutral finishes. A dedicated laundry area includes a full-size washer and dryer along with open shelving for added storage and organization.
Outdoor living is a highlight of the property, featuring multiple areas for relaxing, gardening, or entertaining, mature landscaping, and views overlooking the community's open green space, providing an attractive backdrop and beautiful sunset views.
An oversized storage shed offers exceptional versatility with a custom workbench, vaulted ceiling for additional vertical storage, screened windows for ventilation, wide double-door entry, an access ramp, and a five-shelf storage unit that conveys with the property. The shed does not currently have electricity.
Community amenities include a swimming pool, basketball court, playground, and expansive green spaces.
Combining comfortable one-level living, abundant storage, attractive outdoor spaces, and desirable community amenities, this well-maintained property is ready for its next owner.
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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 31, 2026 | Sold | ||
| Sold | |||
| Aug 3, 2026 | In contract | - | |
| In contract | |||
| Jul 22, 2026 | Price Decreased |
$158,500
↓ $500
(0.3%) | |
| Price Decreased | |||
| Jun 15, 2026 | Price Decreased |
$159,000
↓ $30K
(15.9%) | |
| Price Decreased | |||
| May 12, 2026 | Listed by Keller Williams Realty | $189,000 | |
| Listed by Keller Williams Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017