1125 SOLANO COVE Road
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%.
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 |
|---|---|---|---|
| May 27, 2025 | Sold | ||
| Sold | |||
| Apr 12, 2025 | In contract | - | |
| In contract | |||
| Mar 27, 2025 | Listed by UNITED REAL ESTATE GALLERY | $865,000 | |
| Listed by UNITED REAL ESTATE GALLERY | |||
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Experience the serenity of nature and the peaceful seclusion of this stunning, fully remodeled home which is nestled at the end of a private, one-mile road, surrounded by the Meldrim Heritage Conservation ensuring the surrounding land will never be developed, making it a very and unique find. More info on the conservation easement in the document section. This property offers unparalleled privacy with only three full-time residents. The quiet here is unlike anything else - from watching breathtaking sunsets to enjoying deer sightings, bird watching, and harvesting your own fruit, this home invites you to slow down and truly live.
Step inside to an expansive open floor plan, where high ceilings & beautiful wooden trusses immediately capture your attention. Picture windows and sliding glass doors frame stunning water views, offering a seamless connection between the indoors and the natural beauty outside. Enjoy your morning coffee on the back porch while overlooking the tranquil water Every inch of this home has been thoughtfully redesigned and remodeled, making it feel like a brand-new build. Luxury vinyl floors flow effortlessly throughout the home, and both the main bath and primary suite have been completely updated to offer modern comfort and elegance.
The gourmet kitchen is a chef's dream, featuring a spacious island perfect for preparing meals and entertaining. Whether you're hosting friends or creating culinary masterpieces, this kitchen provides everything you need.
Guests will appreciate the beautifully designed 1 bedroom ADU, ideal for hosting visitors or even generating income through Airbnb. The property also offers opportunities for outdoor activities - fish on the river or explore the land with hunting right on your doorstep.
Best of all, this home is not in a flood zone, so no flood insurance is required. The hard work has already been done - now it's time for you to move in and enjoy this extraordinary lifestyle.
**VERY PRIVATE - NO DRIVE-BYS WITHOUT CONFIRMED APPOINTMENT PLEASE**
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| Jul 10, 2019 | Sold | ||
| Sold | |||
| Nov 7, 2018 | Listed by FLORIDA HOMES REALTY & MTG LLC | $274,900 | |
| Listed by FLORIDA HOMES REALTY & MTG LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017