31
Map
937 Jessica Drive
About This Property
One of the standout features is the converted back porch, offering additional living space plus a dedicated office area with its own separate entrances -perfect for working from home, running a business, or creating a private flex space for guests or hobbies.
Major updates include a new roof in 2025, HVAC replaced in 2019, and the hot water heater replaced in 2019, providing added peace of mind. The split-bedroom floor plan offers privacy for the primary suite while keeping the additional bedrooms conveniently located on the opposite side of the home.
Outside, enjoy a fully fenced backyard with additional patio space, perfect for outdoor entertaining, relaxing, or enjoying time with family and friends.
With its extensive updates, flexible additional living and office space, functional floor plan, and move-in-ready condition, this is ready for its next owner!
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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 14, 2026 | Listed by Mark Spain Real Estate | $310,000 | |
| Listed by Mark Spain Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017