5861 41st Drive
About This Property
This well-maintained and beautiful home is ideal for a large and or extended family. Offering
high ceilings, hardwood flooring, spacious cabinetry, and a newer gas boiler and water heater. The first floor
features an entry foyer, an open kitchen layout with tile flooring, a large living room, and
a dining room. The second floor features 3 bedrooms and a full bathroom with tiled floors and
walls. The finished basement features a private front entry door. This is a well-maintained home that is within walking distance to NYC
Subway & LIRR, local shops, restaurants, and supermarkets.
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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 |
|---|---|---|---|
| Mar 15, 2026 | In contract | - | |
| In contract | |||
| Feb 16, 2026 | Listed by Realty 123 Inc | $949,000 | |
| Listed by Realty 123 Inc | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017