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1390 Hideaway Bend
About This Property
This 3-bedroom, 2-bath, 2-car garage pool home is ready for transformation! Located in a gated community with amenities including a clubhouse, community pool, and tot lot, this property offers strong potential for the right buyer. The interior has been completely gutted, presenting a blank canvas to redesign and rebuild to modern standards. Whether you're an investor, contractor, or visionary homeowner, this is the perfect opportunity to create a custom masterpiece in one of Wellington's desirable neighborhoods. With generous square footage and a private pool, this property is primed to deliver strong ROI or long-term value.
Bring your vision and tools - this is a diamond in the rough!
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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 |
|---|---|---|---|
| Nov 6, 2025 | Sold | ||
| Sold | |||
| Oct 10, 2025 | In contract | - | |
| In contract | |||
| Sep 9, 2025 | Relisted | $498,000 | |
| Relisted | |||
| Aug 19, 2025 | In contract | - | |
| In contract | |||
| Jun 5, 2025 | Listed by Sandals Realty Group, Inc. | $498,000 | |
| Listed by Sandals Realty Group, Inc. | |||
Property Highlights
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About Meadowland Cove of Wellington
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017