40
Map
124 Joel Drive
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 13, 2026 | Relisted | $1,200,000 | |
| Relisted | |||
| May 8, 2026 | In contract | - | |
| In contract | |||
| Apr 23, 2026 | Listed by Redfin Corporation | $1,200,000 | |
| Listed by Redfin Corporation | |||
| Oct 29, 2025 | Listed | $1,100,000 | |
| Listed | |||
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Experience luxury living on Blackledge Country Club in this 6BR, 4.5BA Cape Cod retreat offering nearly 6,000 sq ft of elegant living space. Inside, enjoy vaulted ceilings, three fireplaces, detailed millwork, and a chef's kitchen with cherry cabinetry, quartz counters, high-end appliances, island, and breakfast bar. The main-level primary suite features vaulted ceilings, radiant heated tile, granite vanities, steam shower, and a private office with fireplace. A three-season porch with bar opens to the heated pool and spa, perfect for entertaining. Additional highlights include a custom gym, guest suite, multiple decks and patios, and a finished lower level. Major upgrades include a full HVAC replacement (2024) with high-efficiency systems, upgraded water softener, enhanced smart security with cameras and sensors, and smart exterior lighting. A whole-house generator provides reliable backup power. Outside, enjoy a post-and-beam barn with loft, 25-zone irrigation, stone walls, mature landscaping, and full fencing for privacy. A true resort-style escape combining timeless craftsmanship, technology, and tranquility.
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| Oct 18, 2021 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017