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1199 Estates Drive
About This Property
Step inside to a stunning two-story grand entryway that sets the tone for the home's open and airy feel. Vaulted ceilings in both the living room and family room create a sense of space and light, while the family room's beautiful stone fireplace adds warmth and character. The modern kitchen serves as the heart of the home, featuring a center island perfect for gathering, meal preparation, and entertaining, along with sliders that open to a brand-new composite deck-an ideal spot for outdoor dining or simply enjoying the serene surroundings.
Thoughtfully designed for everyday convenience, the main level also includes a laundry room, powder room, and direct access to the attached two-car garage.
Upstairs, discover an impressive primary suite that offers a peaceful retreat, complete with two walk-in closets and a spa-like primary bathroom. Three additional generously sized bedrooms and a full hallway bathroom provide plenty of space for living. All four bedroom closets have custom closets with built-ins.
Outside, the fenced-in backyard feels like your own private park, offering a beautiful setting to relax, entertain, and enjoy the outdoors. This home combines privacy and tranquility while providing easy access to major roadways.
A wonderful opportunity to enjoy gracious living, inviting spaces, and a setting that feels like home from the moment you arrive.
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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 29, 2026 | Listed by ERA Insite Realty Services | $1,100,000 | |
| Listed by ERA Insite Realty Services | |||
| Jul 1, 2016 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017