537 Doubletree Drive
About This Property
Step inside to find a well-designed floor plan that features a generously sized family room, providing plenty of space for gatherings, movie nights, or quiet evenings by the fire. The heart of the home is the updated kitchen, complete with sleek natural stone countertops, stainless steel appliances, and ample cabinetry-designed to please any home cook and perfect for entertaining.
Enjoy your mornings on the cozy covered front porch, surrounded by mature landscaping that enhances the home's charming curb appeal. The spacious primary suite offers a private retreat with ensuite bathroom, while two additional bedrooms provide flexibility for family, guests, or a home office.
Step outside to an expansive backyard. Whether you envision a garden, play area, or future pool, there's room for it all on this oversized lot measuring just under a third acre. An additional storage building adds practicality and convenience for tools, toys, or seasonal items.
Located in a highly desirable area with quick access to major highways for an easy commute, this home is also zoned to the acclaimed McAuliffe Elementary School. With a fantastic combination of location, layout, and lifestyle, this home truly checks all the boxes.
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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 5, 2025 | Sold | ||
| Sold | |||
| Jul 6, 2025 | In contract | - | |
| In contract | |||
| Jun 25, 2025 | Price Decreased |
$399,900
↓ $25K
(5.9%) | |
| Price Decreased | |||
| Jun 19, 2025 | Price Decreased |
$425,000
↓ $14K
(3.2%) | |
| Price Decreased | |||
| Jun 12, 2025 | Listed by Keller Williams Realty-FM | $438,900 | |
| Listed by Keller Williams Realty-FM | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017