940 Cheyenne Trail
About This Property
The floor plan keeps things simple and functional, with comfortable living spaces and bedroom separation that works well for a variety of needs (home office, hobby room, guest space-you name it). Step outside and you'll find the standout feature: a huge backyard that backs up to Hewitt Park, giving you a wide-open feel with no rear neighbors. From your back fence, it's easy to enjoy the park's amenities like the walking track with workout stations, disc golf, playgrounds, courts, and open fields.
If you've been looking for a home with an updated kitchen, a sizable lot, and a location that connects you to outdoor space right behind you, this one is worth seeing in person. Schedule your showing and come experience how much room you'll have-inside and out.
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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 |
|---|---|---|---|
| Jun 17, 2026 | Sold | ||
| Sold | |||
| May 18, 2026 | In contract | - | |
| In contract | |||
| Apr 10, 2026 | Listed by NextHome Our Town | $389,000 | |
| Listed by NextHome Our Town | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017