607 SE 4TH DRIVE #AB
About This Property
Each private unit features 2 bedrooms and 2 bathrooms with an open floor plan, vaulted ceilings, luxury vinyl plank flooring, custom wood cabinetry, granite countertops, spacious walk-in closets, and a generously sized laundry room providing extra storage space. Built with concrete block construction and stucco exteriors, the units also have separate utilities, making ownership and property management simple and convenient.
Privately situated on a quiet dead-end street, this property offers the perfect blend of peaceful country living and everyday convenience. Enjoy the freedom of no HOA and no deed restrictions, while being just minutes from shopping, restaurants, schools, and local amenities. You can even take your golf cart around the neighborhood!
Whether you're looking to expand your investment portfolio, create a comfortable extended-family living arrangement, or enjoy a home with built-in income potential, this unique property offers endless possibilities. Brand-new opportunities like this are a rare find-purchase both and make the possibilities your own!
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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 |
|---|---|---|---|
| Sep 14, 2026 | Sold | ||
| Sold | |||
| Aug 13, 2026 | In contract | - | |
| In contract | |||
| Jul 10, 2026 | Listed by HARRIETT DOWNS REAL ESTATE LLC | $399,900 | |
| Listed by HARRIETT DOWNS REAL ESTATE LLC | |||
Property Highlights
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| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
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Building Info
- 3 Units for Sale
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017