506 Carol DR
About This Property
Designed for both comfort and functionality, this home features a formal dining room for special gatherings, a spacious game area, and a bright breakfast area for casual meals. The very large living room flows seamlessly into the kitchen and breakfast area, creating an ideal open-concept layout perfect for hosting and everyday living.
The recently remodeled kitchen showcases stunning quartz countertops, combining modern elegance with everyday practicality. This home has been lovingly cared for by its current owners, and it shows in every detail.
Step outside to enjoy a beautifully covered back patio-perfect for relaxing or entertaining-along with a large backyard storage building that offers plenty of space for tools, hobbies, or extra storage.
A true gem that blends space, style, and pride of ownership-ready to welcome 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 |
|---|---|---|---|
| Apr 25, 2026 | In contract | - | |
| In contract | |||
| Apr 2, 2026 | Listed by Keller Williams Realty | $310,000 | |
| Listed by Keller Williams Realty | |||
| Nov 18, 2025 | Delisted | - | |
| Delisted | |||
| Nov 16, 2025 | In contract | - | |
| In contract | |||
| Oct 28, 2025 | Price Decreased |
$314,999
↓ $5K
(1.6%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017