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12274 23RD STREET E
About This Property
The generously sized kitchen features granite countertops, a large center island, stainless steel appliances and an open connection to the living and dining areas. The spacious primary suite offers a comfortable retreat with an en-suite bath featuring a large dual-sink vanity, separate glass-enclosed shower, and large soaking tub. Three additional bedrooms provide flexibility for family, guests, a nursery, or home office needs, while three full bathrooms offer convenience for everyone. A dedicated office or flex space adds even more versatility for working from home, studying, or pursuing hobbies.
Step outside to the fully screened lanai, where the pool and spa overlook peaceful pond views and a fenced backyard. Recent pool improvements include a new pump and heater, creating an inviting space to swim, relax, and entertain throughout the year. The spacious lanai provides plenty of room for outdoor seating and dining while enjoying the serene surroundings. Residents enjoy access to exceptional resort-style community amenities including a sparkling pool, playground, pickleball courts, tennis courts, a kayak launch, and over two miles of scenic walking and hiking trails, offering the very best of the Florida lifestyle.
Numerous updates provide added peace of mind, including a new furnace installed in June 2022 with a transferable warranty, a furnace line cleaning system added in 2023, a new water heater installed in April 2025, a new pool pump and heater installed in January 2024, and all-new luxury vinyl flooring installed in March 2025. New ceiling fans were added throughout the home in 2023, including the primary bathroom, and the dining room received a new light fixture. Additional highlights include a low HOA fee and NO CDD, making this an exceptional opportunity to enjoy Florida living with desirable community amenities and lower ongoing ownership costs. Improvements from the previous owner include a new roof installed in February 2022 with a transferable warranty, high-impact hurricane-rated windows and patio doors throughout the home, a whole-house water filtration system, and a complete interior repaint completed in March 2022. ? **THIS PROPERTY QUALIFIES FOR A 1% LENDER INCENTIVE IF YOU USE A PREFERRED LENDER. INQUIRE FOR MORE DETAILS!**
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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 22, 2026 | In contract | - | |
| In contract | |||
| Oct 19, 2026 | Price Decreased |
$564,900
↓ $14K
(2.4%) | |
| Price Decreased | |||
| Sep 23, 2026 | Listed by HOUSE MATCH | $579,000 | |
| Listed by HOUSE MATCH | |||
| Mar 11, 2022 | Sold | ||
| Sold | |||
| Nov 29, 2021 | Listed by HOUSE MATCH | $590,000 | |
| Listed by HOUSE MATCH | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017