1638 Serrano Circle
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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.
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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 |
|---|---|---|---|
| Dec 6, 2024 | Sold | ||
| Sold | |||
| Oct 30, 2024 | In contract | - | |
| In contract | |||
| Oct 16, 2024 | Price Decreased |
$737,000
↓ $12K
(1.6%) | |
| Price Decreased | |||
| May 28, 2024 | Listed by John R Wood Properties | $749,000 | |
| Listed by John R Wood Properties | |||
| | |||
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Nestled in the peaceful neighborhood of Andalucia, this residence is lives like new! This open floor plan, split bedroom design offers nearly 2100 square feet of living space, with 3 bedrooms, 3 full bathrooms, and a large den/flex space. Enjoy morning coffee or al fresco dining in your tranquil backyard, lined with mature clusia plants for privacy. Recent updates include fresh paint and new carpeting in all bedrooms. Centrally located just off Pine Ridge Rd with easy access to I-75, you are a quick drive to tons of local shopping and dining, just 20 minutes to bustling 5th Avenue South, 15 minutes to Mercato, and just 3 miles from Waterside Shops. Community amenities include a tranquil resort-style pool, children's play area, and exercise room.
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| Oct 26, 2023 | Listed by John R Wood Properties | $753,000 | |
| Listed by John R Wood Properties | |||
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About Urban Estates
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017