39
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1497 Hendren Drive
About This Property
A sewing room/office can easily be converted into a fourth bedroom, and there is an additional enclosed porch under air, offering even more usable space w/spa electric hook up. The A/C system is zoned for different rooms, and the home features a solar water heater. Manage both the sprinkler system and pool by app, and enjoy the savings of a sprinkler system on well water.
Additional highlights include a 2021 ROOF, hurricane shutters, a newly installed outdoor shed. The home is not in a flood zone. Conveniently located near schools, the beach, I-95, shopping, and trendy EGAD.
Garage has room for large pick up truck & 2nd car.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jul 8, 2026 | Sold | ||
| Sold | |||
| Jun 15, 2026 | Price Increased |
$400,000
↑ $10K
(2.6%) | |
| Price Increased | |||
| Jun 15, 2026 | In contract | - | |
| In contract | |||
| May 20, 2026 | Price Decreased |
$390,000
↓ $3K
(0.6%) | |
| Price Decreased | |||
| May 9, 2026 | Relisted | $392,500 | |
| Relisted | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017