1261 PARADISE POND Road
About This Property
bedroom 3 bath home with 4th bedroom/bonus room on second floor with private full bath. Large kitchen with stainless appliances, family room with cozy
fireplace and a beautiful enclosed lanai on a wooded preserve. New roof in 2024. Walk to community pool. Access to King and Bear amenities including clubhouse, 2 pools,
tennis/pickle ball and fitness center. Don't let this home get away!
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Cap Rate Calculator
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 |
|---|---|---|---|
| Feb 26, 2025 | Sold | ||
| Sold | |||
| Feb 4, 2025 | In contract | - | |
| In contract | |||
| Jan 14, 2025 | Relisted | $434,000 | |
| Relisted | |||
| Jan 6, 2025 | In contract | - | |
| In contract | |||
| Dec 6, 2024 | Price Decreased |
$434,000
↓ $15K
(3.3%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017