5400 KARMA ROAD
About This Property
Inside, you'll find original hardwood floors, solid wood doors, crown molding, custom built-in bookcases, and a cozy family room featuring a raised brick hearth and gas fireplace. The updated kitchen showcases new cabinetry, butcher block countertops, tile backsplash (2020), and Samsung Bespoke smart appliances (2024). The main-level primary bedroom offers convenient one-level living, while the large sunroom provides year-round enjoyment with its own HVAC, propane heater, and new carpet.
Upstairs are four additional generously sized bedrooms and two baths. Recent improvements include HVAC (2021), Ecobee smart thermostat (2021), GE washer and dryer (2024), ceiling fans (2024), privacy fence (2025), new carpet in the primary bedroom and sunroom (2025), attic insulation (2026), front and storm doors (2026), and 10-year smoke/CO detectors (2026). The roof was replaced in 2009 with a 35-year warranty. With abundant storage, classic craftsmanship, and an exceptional list of updates, this move-in-ready home is one you won't want to miss!
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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%.
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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 22, 2026 | Price Decreased |
$439,999
↓ $5K
(1.1%) | |
| Price Decreased | |||
| Aug 20, 2026 | Price Decreased |
$444,999
↓ $5K
(1.1%) | |
| Price Decreased | |||
| Aug 9, 2026 | Relisted | $449,999 | |
| Relisted | |||
| Jul 29, 2026 | In contract | - | |
| In contract | |||
| Jul 23, 2026 | Listed by Real Broker, LLC | $449,999 | |
| Listed by Real Broker, LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017