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13718 SW 40TH CIRCLE
About This Property
entrance, full kitchen, and bathroom, making it ideal for guests, extended family, or potential rental income.
Inside, the main living area offers tile flooring throughout, granite countertops, updated appliances, and a
climate-controlled Florida room perfect for an office or flex space. Major updates are already completed,
including a 2021 roof, a 1-year-old HVAC system, and a 2020 drain field.
Outside, you will find a fully fenced backyard. The property is conveniently located
near shopping, dining, SR 200, HWY 484. Local community amenities, include a park, splash pad, library, and
gym access for just $15 a year.
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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 |
|---|---|---|---|
| Sep 30, 2026 | Listed by HOMERUN REALTY | $279,900 | |
| Listed by HOMERUN REALTY | |||
| Feb 17, 2025 | Listed | $280,000 | |
| Listed | |||
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No HOA, No CDD—Just a Fantastic Home with an In-Law Suite! Looking for space, versatility, and freedom from extra fees? This 3/2 with in-law suite home delivers - in-law suite comes complete with its own private entrance, full kitchen, and bathroom—ideal for guests, extended family, or even rental income. The other bedrooms in the main living area are spacious, plus a Florida room with A/C that’s perfect as a home office, extra bedroom, or flex space. Throughout the home, you’ll find tile flooring, granite countertops, and updated appliances—quality touches that make daily living easy. Step outside to a fully fenced backyard with mature citrus trees—because who doesn’t love fresh fruit right from their own yard? Major updates? Covered. New roof (2021), BRAND NEW HVAC and a new drain field (2020) mean less worry for you. This home is conveniently located near shopping, dining, and SR 200 & HWY 484. Plus, the community offers a park, splash pad, library, and a gym for just $15 a year. Schedule to see today!
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| May 5, 2021 | Listed by LOKATION | $225,000 | |
| Listed by LOKATION | |||
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Beautiful 4 Bedrooms / 3 Bathrooms Home. Main Living Area has 3 Bedrooms /2 Bathrooms & there is a SEPARATE 1 Bedroom /1 bathroom MOTHER IN-LAW SUITE with a Kitchen & it's own Private Entrance.Tile throughout, Granite Counter Tops in Kitchen and Bathrooms, Appliances, A/C in Florida Room & Closet, could be Bedroom or Home Office. Fenced Backyard with Citrus Trees. NEW DRAIN FILL Home is close to Shopping Center and Major Highways. Call Today to Schedule a Showing !! THIS HOME IS BEING SOLD AS-IS. Seller will make no repairs. This home was originally a 3 bedroom house. One of those rooms was converted into a mother-in-law suite, and the Florida room was converted into a bedroom (the picture with the sliding glass doors). There's also a breakfast nook in the kitchen area and dining room.
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| Jul 26, 2020 | No longer available | - | |
| No longer available | |||
| Jun 30, 2020 | Price Decreased |
$189,000
↓ $6K
(3.1%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017