18547 Michaels Run
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 |
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| Nov 24, 2025 | Sold | ||
| Sold | |||
| Oct 2, 2025 | In contract | - | |
| In contract | |||
| Sep 24, 2025 | Listed by Better Homes and Gardens Real Estate Gary Greene - Bay Area | $1,225,000 | |
| Listed by Better Homes and Gardens Real Estate Gary Greene - Bay Area | |||
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Spectacular 1.5 story home in Grand Lakes Estates on a beautiful lot with breathtaking views of the lake & golf course! The spa-like back yard's focal point is an amazing pool with fountains and fire pits. A cathedral ceiling outdoor living area is stunning and includes an outdoor kitchen. The grand entry features double steel doors with a large office just off the entry. The vaulted family room with stacked stone fireplace opens to the gourmet kitchen, complete with oversized island with plenty of seating. Stainless appliances and a beautiful vent hood are just some of the fine appointments in the home. 2 bedroom suites down including the oversized primary with lavish primary bath! A free-standing soaking tub, walk-in shower and large closet make this a spa-like experience. 2 more bedrooms upstairs and a walk out attic with 400+ buildable sq.ft. possible! Back outside, is a 40x50 insulated workshop & garage with a car lift and plumbed for a possible bathroom.
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| Jul 14, 2023 | Sold | ||
| Sold | |||
| Jun 2, 2023 | Listed by BHGRE Gary Greene | $975,000 | |
| Listed by BHGRE Gary Greene | |||
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Elegant estate in Grand Lake Estates subdivision. This home offers soaring ceilings in the family room with hardwood floors throughout the entire home, massive 20x30 game room with wet bar and amazing views! The spa-like primary suite boasts a sitting area, HUGE walk-in closet with a beautiful bathroom that includes a clawfoot tub, dual sinks and a large separate shower. The second room downstairs is en-suite and great for mother in law suite with walk in shower. The kitchen offers stainless steel appliances, pantry, pot filler, breakfast area and large island. Entertain inside in the family room that is open to the kitchen or outside on the expanded covered patio overlooks the backyard. A 40x50 shop has tons of attic space and backyard has room for a pool. The property backs up to the subdivision pond. Country living but close to city amenities. Come see this one before it's gone!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017