607 SE 4TH DRIVE #B
About This Property
Both bedrooms offer comfortable private spaces, with walk-in closets, while the thoughtfully designed floor plan also includes 2 full bathrooms and a spacious laundry room with additional storage space. Built with durable concrete block construction and a stucco exterior, this brand-new home offers the appeal of new construction without the maintenance and upkeep of an older property.
Tucked away on a quiet dead-end street, you'll enjoy a peaceful setting while remaining convenient to shopping, restaurants, and everyday necessities-you can even take your golf cart around the neighborhood! With no HOA and no deed restrictions, this property offers freedom, flexibility, and an opportunity to enjoy a simpler way of living.
Whether you're a first-time homebuyer, downsizing, searching for a seasonal home, or simply looking for brand-new construction at an affordable price, this one is ready to welcome you home!
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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 14, 2026 | In contract | - | |
| In contract | |||
| Jul 10, 2026 | Listed by HARRIETT DOWNS REAL ESTATE LLC | $199,900 | |
| Listed by HARRIETT DOWNS REAL ESTATE LLC | |||
| May 22, 2026 | Price Decreased |
$199,000
↓ $11K
(5.2%) | |
| Price Decreased | |||
| Apr 7, 2026 | Price Decreased |
$209,900
↓ $10K
(4.6%) | |
| Price Decreased | |||
| Mar 25, 2026 | Price Decreased |
$219,900
↓ $10K
(4.4%) | |
| Price Decreased | |||
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Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|
Building Info
- 3 Units for Sale
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017