174 Revana Way
About This Property
What also stands out about 174 Revana Way is the quality. I'm the son of a builder, so I have high expectations in that regard, and this home meets my standards. It's a Randy Wise built home. He has a great reputation, and I'd gladly let Randy and his team build my personal house. This property has beautiful curb appeal with its curated landscaping, brick masonry, and cobblestone pavers. It also has stellar finishes like smart home features, 10' ceilings throughout the home, stainless steel & natural gas appliances, and epoxy flooring in the garage.
Upon entering the house I'm immediately struck by two things: the 10' ceilings throughout which make the floor plan feel larger, and the brick archway that greets you at the foyer, an elegant flourish that speaks to the quality of the home. The layout is designed so that there's a guest wing off the foyer that houses the two guest bedrooms with their jack-and-jill full bath. There's also a large closet for storage in the hall. The family room and kitchen serve as the heart of the home, and the master suite is positioned just off them. There's also a separate wing off the kitchen with the sizable home office, walk-in laundry room, and entrance to the two-car garage. I appreciate that the sellers chose to position the laundry next to the garage door, it makes it easy to keep the house clean and not track messes inside.
The master bedroom has a walk-in California closet with floor-to-ceiling built-in shelving. The ensuite bathroom has separate his-and-hers style vanities along with a freestanding tub and a walk-in shower. The shower has built-in bench seating, two separately controlled shower heads, and an adjustable spray attachment with its own temperature control.
174 Revana Way is located in The Vineyards at Hammock Bay, a gated subdivision known for being one of the nicest communities in Hammock Bay. The Vineyards is located less than 0.5mi from premium amenities such as pickleball courts, heated pools, a lap pool, basketball court, tennis courts, playground, Hammock Bay General Store, Props Brewery, an assortment of food trucks, and more. It's one of the most sought after communities in all of Freeport, and it's also less than 30 minutes from a public beach access.
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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 |
|---|---|---|---|
| Nov 2, 2026 | Relisted | $834,000 | |
| Relisted | |||
| Oct 3, 2026 | In contract | - | |
| In contract | |||
| Aug 27, 2026 | Price Decreased |
$834,000
↓ $1K
(0.1%) | |
| Price Decreased | |||
| Mar 21, 2026 | Listed by Compass | $835,000 | |
| Listed by Compass | |||
| Jan 18, 2022 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017