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144 CLEARLAKE Drive
About This Property
Featuring 5 bedrooms and 4 full baths, the spacious floor plan is ideal for both everyday living and entertaining. The updated kitchen includes newer appliances and elegant quartz countertops, while the renovated primary bath and new LVP flooring add a fresh, modern touch.
Enjoy peaceful mornings or relaxing evenings on the oversized screened lanai overlooking a private backyard with plenty of room to add a pool. Additional updates include exterior paint, a 2018 roof, 2022 AC, tankless water heater, fireplace insert, central vacuum, outdoor lighting, and epoxy garage flooring (2020).
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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 18, 2026 | Sold | ||
| Sold | |||
| Jul 21, 2026 | In contract | - | |
| In contract | |||
| Jun 23, 2026 | Relisted | $1,387,000 | |
| Relisted | |||
| Jun 21, 2026 | In contract | - | |
| In contract | |||
| Jun 3, 2026 | Relisted | $1,387,000 | |
| Relisted | |||
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About Palm Valley
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017