138 NEWCASTLE Drive
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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.
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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 12, 2026 | Sold | ||
| Sold | |||
| Jan 22, 2026 | In contract | - | |
| In contract | |||
| Dec 27, 2025 | Listed by Compass Florida LLC | $879,000 | |
| Listed by Compass Florida LLC | |||
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Completely renovated and truly move in ready, this single story gem is nestled in the highly sought after Cambridge neighborhood of Abacoa. Offering 3 bedrooms and 2 baths, the home features a new roof, hurricane impact sliding doors, and a fully redesigned kitchen with new cabinetry, appliances, hood, sink, and fixtures. Wood-plank tile flooring flows throughout, complemented by updated bathrooms, modern light fixtures, new toilets, and LED lighting. Designed for true Florida living, the expansive screened in and extended outdoor entertaining area, with sandblasted Marble includes an outdoor kitchen perfect for hosting and enjoying indoor-outdoor living year round. This is a rare opportunity to own a turn key home in one of Abacoa's most desirable communities.
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| Jun 3, 2021 | Sold | ||
| Sold | |||
| Mar 29, 2021 | Listed by Illustrated Properties LLC (Co | $579,000 | |
| Listed by Illustrated Properties LLC (Co | |||
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:Spacious & open3BD/2BA one story home with split floorplan ,Wonderful front porch that overlooks the preserve. Great for morning coffees or evening relaxing. Home features Porcelian wood looking tile,plantation shutters,Quartz Counter tops in Kitchen with SS appliances. crown molding and Screened in patio and more. Close to dog park,sitting park and all that abacoa has to offer. . Furniture Negotionable >No showings until April 1st. .
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017