4904 Covington LN
About This Property
The spacious layout features a downstairs primary suite for convenience, with three additional bedrooms and a loft upstairs-perfect for family, guests, or a home office. Soaring vaulted ceilings and a dramatic rock fireplace with a full-width hearth anchor the main living area, creating an open and inviting space.
The fully remodeled kitchen is a showstopper with Calacatta quartz countertops, pull-out drawers in the lower cabinets, updated hardware, fresh paint, and tile flooring. All bathrooms have been refreshed with new tile, while the main living areas feature engineered hardwood and new light fixtures throughout. Upstairs, you'll find updated carpet in one bedroom, the loft, and staircase. The home also includes updated tamper-resistant outlets and a recently replaced upstairs HVAC system.
Step outside to a private backyard retreat with an in-ground pool, multiple large decks, and plenty of room for entertaining or unwinding in the shade. Even the front deck has been refreshed for clean curb appeal.
Steeplechase is a well-established, secluded neighborhood known for its manicured lawns, beautiful trees, and easy access to shopping, schools, and Baylor Scott & White Hospital. A rare find in a peaceful, storybook setting.
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| May 15, 2025 | Listed by Keller Williams Realty Lone St | $499,900 | |
| Listed by Keller Williams Realty Lone St | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017