1153 Areca Way
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 |
|---|---|---|---|
| Oct 10, 2025 | Sold | ||
| Sold | |||
| Sep 10, 2025 | In contract | - | |
| In contract | |||
| Jun 26, 2025 | Listed | $699,000 | |
| Listed | |||
| | |||
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MOVE-IN READY! Renovated 3BR/2BA home in Weston's prestigious Savanna Community. This stunning property features designer renovations throughout including premium Samsung appliances, completely redesigned bathrooms with luxury tile work, and elegant tile flooring paired with stylish wood wall accents. Gourmet kitchen with contemporary design. Premium mechanical upgrades include Ring alarm system, high-end AC, brand new water heater, state-of-the-art water filtration system, and premium washer/dryer. Garage refrigerator and freezer included! Steps from Gator Run Elementary (A+ school), walking distance to Imagine Charter School, and just 2 blocks from community pool with beautiful park directly across the street. 2-car garage plus 2-car driveway with convenient street parking.
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| Jul 11, 2024 | Sold | ||
| Sold | |||
| Jun 14, 2024 | In contract | - | |
| In contract | |||
Property Highlights
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About Weston
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$8,450 /mo
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$8,300 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017