1493 Flanders Road
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%.
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 |
|---|---|---|---|
| Jan 22, 2026 | Sold | ||
| Sold | |||
| Nov 4, 2025 | In contract | - | |
| In contract | |||
| Oct 14, 2025 | Listed by Blue Shark Realty Group Inc | $559,999 | |
| Listed by Blue Shark Realty Group Inc | |||
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Welcome home to this stunning and fully updated ranch featuring a spacious master bedroom, full bath, and a modern eat-in kitchen with all brand-new appliances. Enjoy cozy evenings by the wood-burning fireplace or relax in the finished basement, perfect for entertaining or extra living space. Additional highlights include a brand-new roof with a 30-year transferable warranty, new central air conditioning unit, and an extended driveway and detached garage offering ample parking. Enjoy the benefit of Town of Southampton taxes. Conveniently located close to beaches, shopping, restaurants, and more! Some pictures might have been enhanced for information purposes.
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| Aug 13, 2021 | Sold | ||
| Sold | |||
| Jan 27, 2021 | Sold | ||
| Sold | |||
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Address: 335 Madison Avenue, New York, NY 10017