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5431 S Cathay Way
About This Property
The inviting main level is filled with natural light thanks to soaring vaulted ceilings and large windows. The functional layout offers a living room, family room with an adjoining dining area, a kitchen with ample cabinet and counter space, and a convenient half bath.
Upstairs, the spacious primary suite offers a private deck with beautiful mountain views, a large ensuite bathroom, and an oversized walk-in closet. Three additional bedrooms and a full bathroom provide plenty of space for family or a home office.
The finished walkout basement expands your living space with a generous den, an additional bedroom, and a 3/4 bathroom, making it ideal for guests, multi-generational living, or a private workspace.
Step outside to enjoy the fully fenced backyard, offering privacy and plenty of room to relax, entertain, or play. Conveniently located near parks, trails, shopping, dining, and major commuter routes, this home offers the perfect combination of comfort, convenience, and location.
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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 |
|---|---|---|---|
| Aug 18, 2026 | Sold | ||
| Sold | |||
| Jul 16, 2026 | In contract | - | |
| In contract | |||
| Jul 8, 2026 | Listed | $575,000 | |
| Listed | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017