1680 CINNAMON LANE
About This Property
The spacious interior layout features 3 bedrooms and 2.5 bathrooms, formal living and dining areas ideal for entertaining, an eat-in kitchen with breakfast bar, and a welcoming family room anchored by a classic wood-burning fireplace that adds warmth and character.
Outdoor living is equally compelling, with a covered pavered lanai and screened-in pool designed for year-round enjoyment. The expansive fenced backyard with durable vinyl fencing enhances both privacy and functionality, while the oversized two-car garage includes hurricane bracing for added structural confidence. This is a rare chance to secure a substantial homesite with valuable structural upgrades already in place - and bring your vision to life in a premier coastal community.
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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 31, 2026 | Sold | ||
| Sold | |||
| Jul 30, 2026 | In contract | - | |
| In contract | |||
| Jul 9, 2026 | Relisted | $664,500 | |
| Relisted | |||
| Jun 11, 2026 | In contract | - | |
| In contract | |||
| Jun 6, 2026 | Relisted | $664,500 | |
| Relisted | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017