55 Underwood TRAIL
About This Property
Inside, discover a versatile layout with two guest bedrooms boasting en-suite bathrooms, perfect for guests or family members seeking privacy. The fourth bedroom is an ideal space for a home office or study.
Entertain effortlessly in the expansive open concept design featuring a formal dining room and family room. Three large sliding glass doors beckon you to the covered lanai and beyond, where you'll find a tranquil fenced backyard oasis.
Situated on an oversized lot with vacant lots on either side, enjoy added seclusion and space. Plus, experience the convenience of a SMART HOME with integrated security systems, thermostat, doorbell camera, and irrigation.
Whether you're a growing family or seeking multi-generational living options, this home offers endless possibilities. Act fast to secure this gem before it's gone! Priced competitively for a quick sale.
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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 |
|---|---|---|---|
| Jan 24, 2025 | Sold | ||
| Sold | |||
| Dec 20, 2024 | In contract | - | |
| In contract | |||
| Dec 7, 2024 | Price Increased |
$389,900
↑ $900
(0.2%) | |
| Price Increased | |||
| Oct 8, 2024 | Price Decreased |
$389,000
↓ $11K
(2.7%) | |
| Price Decreased | |||
| Jul 15, 2024 | Price Decreased |
$399,900
↓ $9K
(2.2%) | |
| Price Decreased | |||
Property Highlights
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017