39
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937 Hillcrest FRST
About This Property
All furnishings convey, including the foosball table, pool table, and gas grill. The spacious kitchen includes a built-in china cabinet and a vintage farmhouse-style one-piece double porcelain sink with dual drainboards. Additional highlights include a large walk-in cedar closet, a separate game or hobby room, and an oversized laundry/utility room. Outside, the nicely terraced backyard leads directly down to the water's edge with ample space for swimming and boating on the 42 foot easement. There is additional parking available below the terraced yard. Home features a new roof and exterior paint.
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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 |
|---|---|---|---|
| Oct 16, 2026 | Relisted | $599,900 | |
| Relisted | |||
| Oct 10, 2026 | In contract | - | |
| In contract | |||
| Sep 10, 2026 | Price Decreased |
$599,900
↓ $20K
(3.2%) | |
| Price Decreased | |||
| Aug 8, 2026 | Price Decreased |
$619,900
↓ $30K
(4.6%) | |
| Price Decreased | |||
| Jul 4, 2026 | Price Decreased |
$649,900
↓ $40K
(5.8%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017