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108 Panzano DR
About This Property
From the moment you arrive, you'll notice the charming curb appeal with stone landscaping, a front fountain, and updated exterior lighting. Inside, the home features custom window shades throughout, updated lighting fixtures, and engineered hardwood flooring in the office. The kitchen includes upgraded cabinets, stylish tile backsplash, bar lighting, and a water filtration system.
The primary suite provides a comfortable retreat with an upgraded ceiling fan, renovated en-suite bath with framed mirrors, updated faucets and lighting, and a customized walk-in closet. Secondary bedrooms also include window treatment and lighting upgrades. A sliding glass door at the rear opens to a backyard that backs to open green space-offering peaceful views and no direct rear neighbors, ideal for privacy and outdoor enjoyment.
Located in a vibrant community with access to parks, trails, and desirable schools, this move-in-ready home offers both comfort and connection to nature in a prime location.
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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 |
|---|---|---|---|
| Aug 17, 2025 | In contract | - | |
| In contract | |||
| Jul 18, 2025 | Price Decreased |
$489,000
↓ $11K
(2.2%) | |
| Price Decreased | |||
| Jun 20, 2025 | Price Decreased |
$499,900
↓ $15K
(2.9%) | |
| Price Decreased | |||
| May 29, 2025 | Listed by The Real ATX | $515,000 | |
| Listed by The Real ATX | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017