131 Castlegate Lane
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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%.
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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 |
|---|---|---|---|
| Apr 15, 2026 | Sold | ||
| Sold | |||
| Mar 30, 2026 | In contract | - | |
| In contract | |||
| Mar 27, 2026 | Listed by RE/MAX Integrity | $335,000 | |
| Listed by RE/MAX Integrity | |||
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**Open House Cancelled**Beautifully maintained 3-bedroom, 2-bath home located in a desirable gated community! Situated with no back neighbors and green space to one side, this home offers added privacy and a peaceful setting. Inside, you’ll find wood-look tile throughout—no carpet!—along with recessed lighting, crown molding, and plantation shutters that add timeless charm. The open-concept layout features a spacious kitchen with stainless steel appliances, a gas range, and a massive island overlooking the living and dining areas—perfect for entertaining. The primary suite includes dual sinks, a separate tub and shower, and a large walk-in closet. Step outside to enjoy the covered patio and oversized custom deck, plus a full sprinkler system. Community amenities include a pool, dog park, walking trails, and planned events. Conveniently located with easy access to Beltway 8 and Hwy 290!
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| Sep 22, 2022 | Sold | ||
| Sold | |||
| Aug 18, 2022 | Listed by Coldwell Banker Realty | $365,000 | |
| Listed by Coldwell Banker Realty | |||
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Energy efficient David Weekley, 3 Bedroom, 2 Bath Home in Gated Community, Built 2017. Study/Flex Room could be Gameroom. No backyard neighbors and greenspace on west side of house. Extremely well appointed w/many high end upgrades. Wood like Porcelain Tile Floors, Recessed Lighting, Plantation Shutters, Crown Molding. Kitchen boasts Frigidaire Professional Series Stainless Steel Appliance Package including 5 Burner Gas Range, French Door Refrigerator, Timberlake Ivory Hued Cabinets. Additional upgrades in Kitchen include Exotic look Granite Counters, oversized Granite Topped Island w/Espresso Hued Cabinets beneath and Blanco Siligrant Sink and Gooseneck Faucet. Primary Bath features deep Jetted Tub, Separate Shower w/Pebbled Mosaic Floor, Rain Showerhead, Granite Counters, Dual Porcelain Sinks. Walk in Primary Closet. Covered Patio plus Oversized Custom Deck (Approx 28'x9') Sprinkler System, Owner owned Alarm System, W/D included. Community Pool, Playground, Dog Park, Walking Trails.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017