9068 131ST LOOP
About This Property
The home features a durable metal roof, reverse osmosis water filtration, and a whole-home soft water system - upgrades that save money and add long-term value. Unwind in the jacuzzi tub, host guests in the private guest suite, and enjoy the integrated sound system indoors and out. The kitchen area is equipped with a refrigerator and washer/dryer hookups for easy move-in.
Outside, the lifestyle amenities keep going: a 30'x40' above-ground pool with belt-treated decking, a covered entertainment lanai, a fenced and shaded chicken coop, a boxed garden, and a dedicated pet run/play area. A 3-car garage plus attached carport offers ample storage, and the property includes a full RV/camper carport with RV hookup - perfect for hosting guests or storing recreational vehicles.
Recent updates add confidence for buyers: new well pressure switch, tank, and gauge (Jan 2026) and a freshly pumped septic tank (Feb 2026). Abundant parking completes this rare combination of privacy, functionality, and comfort - all just minutes from town.
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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 5, 2026 | Price Decreased |
$398,900
↓ $6K
(1.5%) | |
| Price Decreased | |||
| Aug 6, 2026 | Price Decreased |
$405,000
↓ $5K
(1.2%) | |
| Price Decreased | |||
| Jul 11, 2026 | Listed by NORTHSTAR FIRST PROPERTIES LLC | $409,995 | |
| Listed by NORTHSTAR FIRST PROPERTIES LLC | |||
| Mar 10, 2023 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017