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11433 BRIGHTLY DRIVE
About This Property
Offering 3,138 square feet of living space, this open-concept floor plan features 3 bedrooms, 3 bathrooms, a dedicated den, and a gourmet kitchen with a scullery, providing additional prep and storage space. Designed for both everyday living and entertaining, the spacious great room, dining area, and kitchen flow seamlessly together. An added casita expands the home's versatility, adding 417 square feet of space, creating a total of 4 bedrooms and 4 bathrooms and providing a private retreat for guests or multigenerational living.
Every space has been carefully planned to highlight the home's architectural details, functionality, and style. Located within the desirable master-planned community of Wellen Park, residents enjoy convenient access to shopping, dining, recreation, and area attractions.
Adding to its appeal, this home is offered with a leaseback to Neal Signature Homes, providing the opportunity for guaranteed rental income while serving as the community's model residence. Combining professional design, premium finishes, flexible living spaces, and an exceptional location, this home presents a rare ownership opportunity.
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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 29, 2026 | In contract | - | |
| In contract | |||
| Jun 17, 2026 | Listed by NEAL COMMUNITIES REALTY, INC. | $2,311,990 | |
| Listed by NEAL COMMUNITIES REALTY, INC. | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017