48
Map
60 Luka Way
About This Property
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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 25, 2026 | Listed by Beycome Brokerage Realty LLC | $699,900 | |
| Listed by Beycome Brokerage Realty LLC | |||
| Aug 12, 2026 | Price Decreased |
$724,900
↓ $25K
(3.3%) | |
| Price Decreased | |||
| Jul 16, 2026 | Price Decreased |
$749,900
↓ $25K
(3.2%) | |
| Price Decreased | |||
| May 18, 2026 | Price Decreased |
$774,900
↓ $25K
(3.1%) | |
| Price Decreased | |||
| Mar 27, 2026 | Listed by Beycome Brokerage Realty LLC | $799,900 | |
| Listed by Beycome Brokerage Realty LLC | |||
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**NOW OFFERED AT $699,900 - TWO RESIDENCES ON 3+ ACRES!** A rare opportunity in Pendergrass! Situated on **3.07 acres with no HOA**, this unique property has **two separate residences with approximately 3,382 total finished square feet combined**-providing incredible flexibility for multigenerational living, rental income, a home office or business, or private accommodations for guests. The **main residence, built in 2023, is approximately 2,252 sq. ft.** with 3 bedrooms and 2 bathrooms. The open-concept layout features a spacious kitchen and living area, comfortable primary suite, and inviting spaces designed for everyday living and entertaining. The **detached guest residence, built in 2024, adds approximately 1,130 finished sq. ft.** with 1 bedroom, 1 bathroom, an upstairs loft area, full kitchen, laundry, and private living space. Previously rented for **$1,800 per month**, it has an established income-producing opportunity or an ideal setup for extended family. Together, the property provides approximately **3,382 finished square feet across two residences**, all on a beautiful 3.07-acre property with **no HOA**. At **$699,900**, this is an incredible opportunity to own two newer residences on acreage with the flexibility to live, work, host, or generate rental income-all on one property. **Two homes. 3+ acres. No HOA. Income potential. Endless possibilities.** Some photos have been virtually rendered.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017