152 ALLIGATOR Circle
About This Property
This beautifully REMODELED 2-bedroom, 2-bath home is nestled in a quiet neighborhood, perfect for full-time living, a vacation getaway, or an income-producing investment. Ride your golf cart out the back of your property onto the green. Numerous upgrades include new subfloors and flooring, new walls and insulation. Updated light fixtures, and a brand-new kitchen. HVAC has new mini splits throughout. Additional features include community water and septic, a community center with no HOA fees, nearby restaurants and bars. Deeded boat ramp included as per deed, and is located across 309, just minutes away! Does not include a boat slip. Great fish
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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 |
|---|---|---|---|
| Aug 3, 2026 | Price Decreased |
$139,900
↓ $5K
(3.5%) | |
| Price Decreased | |||
| Jun 3, 2026 | Price Decreased |
$144,900
↓ $5K
(3.3%) | |
| Price Decreased | |||
| Apr 27, 2026 | Relisted | $149,900 | |
| Relisted | |||
| Apr 20, 2026 | In contract | - | |
| In contract | |||
| Apr 6, 2026 | Relisted | $149,900 | |
| Relisted | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017