1695 OPTIMA Way
About This Property
Prime location with beautiful valley views. This stunning 4-bedroom home features 2 full bath, and ¾ bath with backyard access. The spacious primary suite offers a spa tub, double shower heads, extra long dual vanity, & large walk-in closet. Enjoy a gourmet kitchen with granite counters, a huge island, Whirlpool stainless steel appliances, custom wood cabinetry, pull-out pantry shelves, and recessed lighting. The cozy den boasts a vaulted ceiling w/ faux wood beams, electronic ignition fireplace, cigar humidor, mini fridge, wet bar, Nuvo sound system and pre-wired surround sound. Ceiling fans with remotes and built-in speakers throughout-including garage and patio. Outdoor living includes a covered patio with built-in grill, wet bar, granite counter, ceiling fans, and speakers. Additional highlights: insulated garage door and beautiful night lighting accents. This ICON home blends luxury, comfort, and convenience-a true gem in a sought-after neighborhood!
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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 |
|---|---|---|---|
| Dec 19, 2025 | Sold | ||
| Sold | |||
| Nov 21, 2025 | In contract | - | |
| In contract | |||
| Nov 13, 2025 | Relisted | $499,000 | |
| Relisted | |||
| Nov 8, 2025 | In contract | - | |
| In contract | |||
| Nov 8, 2025 | Price Increased |
$510,000
↑ $11K
(2.2%) | |
| Price Increased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017