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1403 Addie Drive
About This Property
Designed for modern Gulf Coast living, this home offers an open-concept layout, an upstairs bedroom suite, and curated designer selections including Cambria Britannica Gold kitchen countertops, Cambria Macbeth bathroom countertops, Woodharbor Stockman Slab cabinetry, and Novella Whitman Oak flooring throughout the main living areas.
The kitchen includes Frigidaire Professional appliances, a gas cooktop, Zephyr hood, and full-height quartz backsplash.
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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 2, 2026 | Relisted | $974,990 | |
| Relisted | |||
| Jun 5, 2026 | Listed by Randy Wise Realty LLC | $970,742 | |
| Listed by Randy Wise Realty LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017