1798 COVINGTON Lane
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 |
|---|---|---|---|
| May 20, 2026 | Sold | ||
| Sold | |||
| Apr 9, 2026 | In contract | - | |
| In contract | |||
| Mar 25, 2026 | Listed by COLDWELL BANKER VANGUARD REALTY | $400,000 | |
| Listed by COLDWELL BANKER VANGUARD REALTY | |||
| Jun 17, 2025 | Price Decreased |
$480,000
↓ $10K
(2%) | |
| Price Decreased | |||
| Apr 1, 2025 | Listed | $490,000 | |
| Listed | |||
| | |||
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Looking for space, style, and outdoor living that truly stands out? This beautifully maintained Fleming Island Plantation home sits on a .29-acre corner lot with wooded views, offering privacy and charm. Inside, the open-concept layout features a split floor plan, no carpet, and an expansive Florida room for extra living or entertaining space. Step outside to your backyard oasis complete with an extended patio, gazebo, and separate garden area perfect for relaxing or gathering with friends. Enjoy the lifestyle that comes with community amenities like pools, tennis courts, playgrounds, and trails all just minutes from top-rated schools, shops, and dining. With its blend of comfort, function, and Florida flair, this home is ready for you to make it your own!
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Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
About Fleming Island
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$1,250 /mo
- 1 Bed
- 1 Bath
- 600 ft²
$2,200 /mo
- 3 Beds
- 2 Baths
- 2,029 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017