52 Hofstra Drive
About This Property
hardwood floors throughout and an abundance of natural light. The layout includes three well-sized bedrooms, including a primary suite featuring a full, updated private bath. An additional renovated bathroom ensures convenience for family and guests alike. Enjoy cooking in
the refreshed kitchen, complete with contemporary finishes and a seamless flow to the expansive dining area - perfect for hosting. Adjacent, the living and family rooms provide plenty of room to relax or entertain. Outdoors, the fully fenced yard offers privacy and security, enhanced by a durable Trex deck ideal for gatherings or quiet mornings. With ample space both indoors and out, this home provides exceptional value in a sought-after location close to schools, shopping, parks, and transit.
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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 21, 2025 | Sold | ||
| Sold | |||
| Jun 12, 2025 | In contract | - | |
| In contract | |||
| May 15, 2025 | Listed by Coldwell Banker American Homes | $679,000 | |
| Listed by Coldwell Banker American Homes | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017