48
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175 DEEP WOODS WAY
About This Property
The primary suite is privately positioned and features direct lanai access, dual closets, and a spa-inspired en suite bath with dual vanities, a garden tub, separate shower, and private water closet. Upstairs, a versatile bonus room with its own full bath and two closets provides flexibility as an extra bedroom, guest suite, home office, or media room. Major system updates offer peace of mind, including a 2023 roof, 2025 pool heater, two HVAC systems in and water heater replaced in 2020, hurricane shutters, and a recently replaced pool pump. Residents enjoy 24-hour gated security and resort-style amenities including tennis, pickleball, basketball, playgrounds, dog parks, and a community pool - all just minutes from shopping, dining, and the beaches.
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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 1, 2026 | In contract | - | |
| In contract | |||
| Jun 2, 2026 | Price Decreased |
$640,000
↓ $20K
(3%) | |
| Price Decreased | |||
| Apr 11, 2026 | Price Decreased |
$660,000
↓ $20K
(2.9%) | |
| Price Decreased | |||
| Apr 5, 2026 | Relisted | $680,000 | |
| Relisted | |||
| Mar 27, 2026 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017