17120 Estes ROAD
About This Property
Stepping into the elevated family room, double French doors open to a vast area ideal for gatherings and entertaining. At the heart of the home is the unique kitchen, featuring modernized, floor-to-ceiling solid wood cabinets with sleek stainless pulls, pull-out shelves, granite countertops, and large-format glass tile backsplash. The kitchen boasts an island with a high bar and pendant lighting, dual stainless sinks, GE Profile stainless steel appliances, including built-in wall ovens, a cooktop, vent hood, Bosch dishwasher, Monogram French door refrigerator, and a cozy coffee bar. The adjacent cafe area offers views of the lush conservation. The large laundry room boats cabinets, with a backsplash and convenient sink. Beneath the staircase, a wet bar features a wine refrigerator, wood cabinets, storage for spirit bottles, and a glass backsplash matching the kitchen. A convenient half bath is appointed with a glass vessel sink, crown molding, and stylish wall tile with a door to the lanai and pool deck. Upstairs, the huge master suite provides access to an open front balcony with a railing. Its modern ensuite bath includes a soaking tub, seamless glass-enclosed shower with multiple shower heads, modern separate vanities with vessel sinks, a private water closet, and a stunning lengthy walk-in closet with custom built-ins. The lanai offers the ultimate living space with an outdoor kitchen, built in grill, bar for entertaining, saltwater pool and spa, brick paver deck, and a backyard private gazebo. Additional features include a new septic tank and drain field 2022, pool pump 2022, a pool cartridge filter tank 2022, new water heater 2021, water softener 2020, well water filtration system 2019. Come live your best Florida life! Schedule your appointment today!
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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 |
|---|---|---|---|
| Dec 27, 2024 | Sold | ||
| Sold | |||
| Dec 6, 2024 | In contract | - | |
| In contract | |||
| Nov 21, 2024 | Price Decreased |
$834,900
↓ $15K
(1.8%) | |
| Price Decreased | |||
| Nov 14, 2024 | Price Decreased |
$849,900
↓ $29K
(3.3%) | |
| Price Decreased | |||
| Oct 28, 2024 | Price Decreased |
$879,000
↓ $21K
(2.3%) | |
| Price Decreased | |||
Property Highlights
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017