137 Avalon DRIVE
About This Property
The spacious primary suite features a walk-in closet and a beautifully updated en-suite bathroom with a walk-in shower, completed in 2022. The split-bedroom floorplan ensures privacy, while vaulted ceilings and diagonal tile flooring throughout create a bright and airy ambiance. The living room includes an electric fireplace and sliding glass doors that open to the lush backyard, perfect for enjoying the serene surroundings.
The kitchen is both stylish and functional, featuring granite countertops, bay windows with an eat-in dining area, and a convenient pantry. Step outside to the tropical backyard oasis,complete with a paver patio, a covered seating area ideal for entertaining, and a Hot Springs spa with a deck for ultimate relaxation. Additional outdoor features include a bamboo-enclosed outdoor shower installed in 2023 and a commercial-grade vinyl privacy fence. The garage is climate controlled with both heating and AC!
This home also includes thoughtful upgrades like accordion storm shutters added in 2021, an automatic sprinkler system in front and back yards, and ceiling fans in the bedrooms, living room, kitchen, and garage. The garage offers pull-down attic access and a freestanding laundry tub for convenience.
Recent updates provide peace of mind, including a roof replacement in 2023, a new hot water heater, a new garbage disposal in 2024, a garage door opener in 2025, an AC unit replaced in 2019, and a dishwasher updated in 2020.
This property perfectly embodies easy, breezy coastal living in a lush tropical setting. Whether you're hosting friends or enjoying quiet mornings by the spa, this home is your personal retreat. Don't miss the opportunity to make your beachside dreams a reality!
The last buyer's change of heart is your chance as paradise! Inspection report available from previous buyers.
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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 |
|---|---|---|---|
| Mar 14, 2025 | Sold | ||
| Sold | |||
| Feb 22, 2025 | In contract | - | |
| In contract | |||
| Feb 19, 2025 | Price Decreased |
$420,000
↓ $15K
(3.5%) | |
| Price Decreased | |||
| Feb 8, 2025 | Price Decreased |
$435,000
↓ $4K
(0.9%) | |
| Price Decreased | |||
| Jan 23, 2025 | Relisted | $439,000 | |
| Relisted | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017