11830 BOUNDLESS TERRACE
About This Property
The private owner's suite is tucked at the back of the home and features a tray ceiling, spacious walk-in closet, and a spa-like bath with a walk-in shower and bench seat. Two secondary bedrooms provide flexibility for guests, hobbies, or a home office. The garage includes additional overhead storage, and high-set windows in the great room fill the home with natural light.
Additional highlights include impact windows and doors, a tile roof, paver driveway, and Smart Home features such as an Ecobee Smart Thermostat (Alexa compatible) and a video doorbell with app, recording, and two-way communication.
Located in Wellen Park's only 55+ community, residents will enjoy a future 21,000 sq. ft. Amenity Center featuring 8 pickleball courts, a stadium court, 2 pools (lap and resort-style), a state-of-the-art fitness center, bar and cafe overlooking the pools, dog park, outdoor exercise lawn, hot tub, full-time lifestyle director, and more. Just minutes from beaches, Downtown Wellen Park, dining, and shopping-accessible by golf cart, bike, or a leisurely walk-this home is ready for immediate move-in.
Schedule your private tour today!
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Photos, renderings and plans are for illustrative purposes only and should never be relied upon and may vary from the actual home. Pricing, dimensions and features can change at any time without notice or obligation. The photos are from a furnished model home and not the home offered for sale.
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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 |
|---|---|---|---|
| Mar 19, 2026 | Sold | ||
| Sold | |||
| Feb 20, 2026 | In contract | - | |
| In contract | |||
| Jan 22, 2026 | Price Decreased |
$390,000
↓ $4K
(1%) | |
| Price Decreased | |||
| Jan 13, 2026 | Price Decreased |
$394,000
↓ $5K
(1.3%) | |
| Price Decreased | |||
| Jan 9, 2026 | Price Decreased |
$399,000
↓ $990
(0.3%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017