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About This Property
Designed with both comfort and privacy in mind, the desirable single-level floor plan places the luxurious primary suite on one side of the home. The retreat features a spa-inspired bath with dual vanities, an oversized shower, and a generous closet. On the opposite wing are two spacious secondary bedrooms and a beautifully appointed full bath, providing an ideal layout for family, guests, or a home office. A separate laundry room is conveniently located just off the kitchen. Storage is abundant throughout, including a large double-door storage closet on the balcony, a private adjacent storage room, a spacious tandem two-car garage, and access to the building's dedicated bike storage room.
Living in Great Park means enjoying one of Orange County's premier master-planned communities, offering resort-style pools and spas, parks, playgrounds, clubhouses, fitness centers, sports courts, playing fields, scenic walking and biking trails, coffee shops, community events, and the popular farmers market-all just moments from your front door. Rarely does a home combine a desirable single-level floor plan, premium corner penthouse location, spectacular park views, abundant natural light, and exceptional community amenities. This is more than a home-it's a lifestyle defined by comfort, sophistication, and one of the finest locations in Novel Park.
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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 |
|---|---|---|---|
| Aug 28, 2026 | Price Decreased |
$1,090,000
↓ $35K
(3.1%) | |
| Price Decreased | |||
| Jul 25, 2026 | Listed by ERA North Orange County | $1,125,000 | |
| Listed by ERA North Orange County | |||
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| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
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Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017