11748 ALBATROSS LANE
About This Property
Inside, the open-concept main living area combines a spacious family room, a large breakfast nook, and a stunning chef's kitchen equipped with stainless steel appliances, quartz countertops, an oversized center island, tile backsplash, two walk-in pantries, and raised beige wood cabinetry. Large windows allow natural light to brighten the entire space, enhancing the home's warm and inviting feel.
The first floor also includes a dedicated office/study and a first floor bedroom with its own full bath, ideal for guests or multi generational living. A stylish half bath with travertine accents completes the main level.
Upstairs, the private bedroom level features four additional bedrooms, including a spacious owner's suite with dual walk-in closets, a soaking tub, and a separate glass enclosed shower. The remaining bedrooms are generously sized with walk-in closets and ceiling fans; two share a full hallway bath, while another enjoys its own ensuite bath.
The second level also features a large movie theater room and an expansive loft/game room with a built-in wine bar, providing exceptional spaces for entertainment, relaxation, and recreation. Convenient second floor laundry adds ease to daily living.
The home is equipped with a NEW Tesla solar power system, offering modern energy efficiency and long term utility savings.
Outside, the fully fenced backyard provides privacy, ample space to play, and a dog run. A three car tandem garage with overhead storage and an extended driveway offers plentiful parking.
Ideally located near the FishHawk Sports Complex, Big Bend YMCA, St. Joseph's Hospital, diverse dining options, and multiple Publix locations, this home offers luxury, comfort, and convenience in one impressive package.
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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 |
|---|---|---|---|
| Jun 25, 2026 | In contract | - | |
| In contract | |||
| Mar 31, 2026 | Price Decreased |
$700,000
↓ $50K
(6.7%) | |
| Price Decreased | |||
| Mar 19, 2026 | Price Decreased |
$750,000
↓ $45K
(5.7%) | |
| Price Decreased | |||
| Feb 3, 2026 | Price Decreased |
$795,000
↓ $30K
(3.6%) | |
| Price Decreased | |||
| Jan 11, 2026 | Price Decreased |
$825,000
↓ $40K
(4.6%) | |
| Price Decreased | |||
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About Riverview
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017