1003 MANDALAY DRIVE
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%.
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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 |
|---|---|---|---|
| Sep 24, 2026 | Listed by CARTER COMPANY REALTORS | $500,000 | |
| Listed by CARTER COMPANY REALTORS | |||
| Feb 12, 2025 | Price Decreased |
$500,000
↓ $15K
(2.9%) | |
| Price Decreased | |||
| Dec 11, 2024 | Listed | $515,000 | |
| Listed | |||
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South Brandon POOL home with no deed restrictions and no HOA on over 1/3 acre! 4 bedrooms and 2 bathrooms PLUS a HUGE screened lanai that runs along the entire back. This home is extraordinary with updates. High end luxury plank vinyl continues throughout the whole home. Clean and simple. The open concept family and dining areas give plenty of space for everyone. This kitchen is a cooks dream with a giant center island, new cabinetry, new quartz tops, drop in glass top range and wall oven. Customized walk in pantry and room for a coffee bar round out the entire space. The primary suite offers an en suite bathroom with new tile and fixtures. Bedrooms 2 and 3 share a full sized bathroom-new designer tile, new tub and plumbing fixtures. The 4th room is off of the kitchen- perfect as a spare bedroom or den. Fully screened lanai has new slate flooring and wood decking- pass through window from the kitchen and access to the fantastic back yard. Oversized free-form pool has been re-marcited, new pool light and also has new pool equipment. Walk the yard and enjoy the tropical gardens and fishpond or rustic brick patio with a special spot for your grill. The garage has been thoughtfully enclosed to accommodate a spacious laundry room, utility space for tinkering and added storage for all of your extra items. New roof, new windows, new paint in and out, updated craftsman style baseboard and trim work, updated LED lighting and plumbing fixtures, new lift station at the septic. Well water means LOW water bills. Can be sold TOTALLY FURNISHED with all utensils, linens and decor - ready to move right in or place a tenant immediately. Rental history available upon request.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017