1720 Branching Canopy Dr
About This Property
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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 |
|---|---|---|---|
| Sep 12, 2025 | Sold | ||
| Sold | |||
| Aug 11, 2025 | In contract | - | |
| In contract | |||
| Jul 10, 2025 | Price Decreased |
$1,299,000
↓ $51K
(3.8%) | |
| Price Decreased | |||
| May 11, 2025 | Price Increased |
$1,349,900
↑ $51K
(3.9%) | |
| Price Increased | |||
| Feb 3, 2025 | Listed | $1,299,000 | |
| Listed | |||
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This former model home is a luxurious masterpiece of modern living situated on a prime corner lot - a stunning two-story home adjacent to the prestigious RainDance National golf course. This spacious home offers 5 bedrooms, 6 bathrooms, an unfinished basement, and a 3-car garage. With a design that prioritizes natural light, custom woodwork and open spaces, this home boasts an abundance of windows that allow sunlight to cascade through every corner, creating an inviting and vibrant atmosphere throughout. The open concept main floor is perfect for entertaining with a large and luxurious kitchen open to the dining room and great room, flowing into the extensive large covered patio through center met sliding doors as well as the private club room. Whether you're hosting gatherings, seeking relaxation, or finding inspiration, this home offers an unparalleled canvas for you to paint your perfect lifestyle. Neighborhood amenities of community trails, orchards, non-potable water and trash, are included in your metro district fees. Membership to the Raindance pool is optional and currently $499/year; there are also other membership options combining amenities in Raindance and nearby Water Valley - "WaterDance"! **Home has never been occupied - was strictly used as a model home. Home is shown by appointment only - visit the sales office for Trumark Homes at 1554 Winter Glow - open daily!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017