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11094 Applegate Lane
About This Property
Don't miss this exceptional opportunity to own a beautifully updated 3-bedroom, 2-bathroom home on a desirable corner lot in the Applegate section of Indian Springs.
Step inside to soaring ceilings, abundant natural light, and a wall of sliding doors that seamlessly connect the living space to the backyard. A charming central atrium serves as both a light-filled focal point and a serene retreat.
The split floor plan provides privacy and flexibility, with the third bedroom featuring French doors-perfect for a home office or cozy den. The kitchen is outfitted with new cabinets and a refrigerator, offering delightful views while cooking or entertaining.
The spacious corner lot provides added privacy, with a concrete wall along the side and backyardideal for gardening, relaxing, or hosting gatherings.
Indian Springs is a gated, meticulously maintained 55+ community with a non-mandatory golf course membership. Residents of Applegate also enjoy their own private pool. Conveniently located within walking distance to local religious centers and just minutes from shopping and dining, this home offers both comfort and convenience.
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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 |
|---|---|---|---|
| Jun 17, 2026 | Sold | ||
| Sold | |||
| May 13, 2026 | In contract | - | |
| In contract | |||
| May 12, 2026 | Relisted | $399,000 | |
| Relisted | |||
| Mar 28, 2026 | In contract | - | |
| In contract | |||
| Mar 24, 2026 | Price Decreased |
$399,000
↓ $30K
(7%) | |
| Price Decreased | |||
Property Highlights
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About Indian Spring
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017