98 Varnum Rd
About This Property
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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 31, 2025 | Sold | ||
| Sold | |||
| Sep 24, 2025 | In contract | - | |
| In contract | |||
| Sep 16, 2025 | Listed by 117 Realty | $510,000 | |
| Listed by 117 Realty | |||
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Welcome to 98 Varnum Rd! This charming ranch features a bright, modern kitchen with granite counters, breakfast bar seating, stainless steel appliances, and plenty of storage. The open floor plan flows seamlessly into the dining and living rooms, where hardwood floors and energy-efficient windows fill the space with natural light. An updated bathroom with a walk-in shower and convenient first-floor laundry add everyday comfort. Both bedrooms are generously sized with ample closet space. The walk-out basement offers excellent potential for additional living space and leads to a private, fenced backyard with a large shed. Situated on a spacious corner lot, this home is perfect for backyard gatherings and much more. Including a driveway parking for three cars and with recent updates. Roof (4 years) and boiler and hot water heater (5 years). Schedule your tour today!
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| Jun 25, 2025 | Sold | ||
| Sold | |||
| May 29, 2025 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017