131 Coral Vine Drive
About This Property
While technically a 3-bedroom, 2-bath home, the layout offers flexibility. Consider utilizing one of the bedrooms as a den or home office, creating a spacious 2-bedroom, 2-bath retreat.
Enjoy the freedom of HOA-free living with a private fenced backyard, pool, and mature mango trees. The home's exterior features a paver driveway and durable metal roof for low-maintenance elegance.
Inside, discover a recently updated AC system, custom kitchen with modern appliances, renovated bathrooms, solid core doors and beautiful new flooring. The primary suite offers a luxurious jacuzzi tub.
Palm River Estates is a well-established non-gated neighborhood with underground utilities. Conveniently located near world-class shopping, dining, top-rated schools, and pristine beaches, it offers the best of both worlds: suburban peace and urban convenience.
Don't miss the opportunity to call this suburban oasis your home.
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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 |
|---|---|---|---|
| Jun 30, 2025 | Sold | ||
| Sold | |||
| Jun 7, 2025 | In contract | - | |
| In contract | |||
| Jun 2, 2025 | Relisted | $630,000 | |
| Relisted | |||
| Jun 2, 2025 | Price Decreased |
$600,000
↓ $30K
(4.8%) | |
| Price Decreased | |||
| May 22, 2025 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017