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1488 Enchante Way
About This Property
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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 |
|---|---|---|---|
| Jul 21, 2025 | Sold | ||
| Sold | |||
| Jul 3, 2025 | In contract | - | |
| In contract | |||
| Jul 1, 2025 | Relisted | $980,000 | |
| Relisted | |||
| Jun 26, 2025 | In contract | - | |
| In contract | |||
| May 27, 2025 | Listed by Coldwell Banker Realty | $990,000 | |
| Listed by Coldwell Banker Realty | |||
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Welcome to this charming 4-bedroom home located in the sought-after Rancho Del Oro neighborhood, where thoughtful upgrades and pride of ownership shine throughout. Step into a bright, airy layout with soaring ceilings, bamboo floors, and plantation shutters. The updated kitchen boasts new countertops, a stunning backsplash, stainless steel appliances, and a cozy breakfast nook—perfect for morning coffee. Relax by the inviting gas fireplace in the family room, complete with custom shelving and open flow into the kitchen area. Upstairs, the spacious primary suite features a large bathroom with a double vanity, soaking tub, and separate shower. Three additional bedrooms offer plush carpeting, ceiling fans, and a shared full bath. A conveniently located upstairs laundry room adds everyday ease. Enjoy outdoor living in the low-maintenance backyard with a stamped concrete patio, raised garden beds, lush greenery, and an upgraded drainage and sprinkler system—all enclosed by a newly rebuilt fence. Additional highlights include new garage doors, central A/C controlled by an Ecobee Smart Thermostat and solar panels to keep the costs down. Other highlights include 200 amp electrical service and furnace replaced in 2021. Located near parks, top-rated schools, restaurants, and the beach. This home is a true gem you won't want to miss!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017