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14590 Indigo Lakes Circle
About This Property
Expansive living spaces showcase custom millwork, two electric fireplaces, designer chandeliers, LED lighting, and integrated audio, video, and security systems. Oversized 31-by-31-inch solid-body porcelain tile flows throughout the first floor, while white oak plank flooring enhances the second level. A custom white oak staircase with wrought-iron detailing creates a striking architectural centerpiece. Every bathroom has been completely redesigned with custom tile and elevated finishes, including a spa-inspired primary bath with a freestanding soaking tub. Two laundry rooms-one on each floor-provide exceptional everyday convenience. Major improvements include a 2024 roof and impact windows and doors, offering added peace of mind. Outside, the pet-friendly fenced yard provides private space for pets, play, and outdoor enjoyment. This is a true "toothbrush house", beautifully finished, thoughtfully designed, and ready to enjoy from day one. Designer furnishings are also available separately, offering an easy transition. Located in sought-after Indigo Lakes, this exceptional residence delivers the style and finish of new construction without the wait.
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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%.
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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.
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 19, 2026 | In contract | - | |
| In contract | |||
| Aug 26, 2026 | Price Decreased |
$1,199,000
↓ $50K
(4%) | |
| Price Decreased | |||
| Aug 15, 2026 | Price Decreased |
$1,249,000
↓ $50K
(3.9%) | |
| Price Decreased | |||
| Jun 19, 2026 | Listed by William Raveis Real Estate | $1,299,000 | |
| Listed by William Raveis Real Estate | |||
| Oct 23, 2024 | Sold | ||
| Sold | |||
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About Urban Estates
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$8,000 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017