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About This Property
Build sweat equity in this 3 bedroom 2 bathroom villa that is ready for some cosmetic updates.
Make this home your own with fresh paint, new flooring and anything else you might desire.
The unit is currently in habitable condition so you can live there and work at your own pace.
Priced well below market value to allow room for cosmetic upgrades.
The country club amenities include access to the clubhouse with bar and grill, jr. Olympic swimming pool and brand new tennis and pickleball courts. The championship 18 hole golf course is open to the public.
As an added bonus, Publix just opened a brand new location just a mile down the road which is sure to attract other popular businesses.
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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 19, 2026 | Price Decreased |
$215,000
↓ $5K
(2.3%) | |
| Price Decreased | |||
| Aug 19, 2026 | Price Decreased |
$220,000
↓ $5K
(2.2%) | |
| Price Decreased | |||
| Jul 1, 2026 | Listed by LOCKHART & ASSOCIATES INC | $225,000 | |
| Listed by LOCKHART & ASSOCIATES INC | |||
| Jul 1, 2016 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017