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1040 LUKE AVENUE
About This Property
Ready by August 2026
No rear neighbors!
The Auburndale is just the perfect home that feels bigger than 1,407 Sq. Ft. Is an open concept floor plan. Nice-sized kitchen and a spacious master bedroom.
Nice upgrades include stone counters in the kitchen and in all bathroom counters, tile in wet and common areas, 9'4" ceiling height, and a lot more.
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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 |
|---|---|---|---|
| Sep 30, 2026 | Sold | ||
| Sold | |||
| Sep 15, 2026 | In contract | - | |
| In contract | |||
| Sep 3, 2026 | Price Decreased |
$269,990
↓ $5K
(1.8%) | |
| Price Decreased | |||
| Jul 27, 2026 | Listed by OLYMPUS EXECUTIVE REALTY INC | $274,990 | |
| Listed by OLYMPUS EXECUTIVE REALTY INC | |||
Property Highlights
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Status
Price/ft²
Listed On
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About Winter Haven
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017