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1203 Tralee Bay Avenue
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 |
|---|---|---|---|
| May 5, 2026 | Sold | ||
| Sold | |||
| Mar 10, 2026 | In contract | - | |
| In contract | |||
| Mar 4, 2026 | Price Decreased |
$799,999
↓ $20K
(2.4%) | |
| Price Decreased | |||
| Feb 10, 2026 | Price Decreased |
$820,000
↓ $20K
(2.4%) | |
| Price Decreased | |||
| Jan 30, 2026 | Listed by Flat Fee MLS Realty | $840,000 | |
| Listed by Flat Fee MLS Realty | |||
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Welcome to a one-of-a-kind European modern estate in the gated Tralee Bay Estates of sought-after Capron Ridge. This home features elegant wainscoting, arched columns, plantation shutters, and custom finishes throughout. The first floor offers an expansive chef's kitchen and formal dining room with butler's pantry overlooking the lake and pool with stunning sunsets. The primary suite includes vaulted ceilings, lake views, dual walk-in closets, and a spa-inspired bath. A secondary first-floor en-suite provides flexibility for guests. Upstairs, two oversized bedrooms connect to a small loft ideal for a home office and share a renovated bath. Updates include renovated bathrooms, recessed lighting, fresh interior and exterior paint, and a new AC. Built with full concrete block construction on both stories with impact windows on the front and entire second story. Generator included, oversized 3-car garage, and screened lakefront pool.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017