18724 Ensenada Drive
About This Property
The chef-inspired kitchen is both practical & stylish featuring a large center island ideal for casual dining or entertaining, an abundance of cabinet & counter space, rollout shelves & drawers, a huge walk-in pantry, and an adjoining dining area filled with natural light. French doors open to a cozy den, which can easily be transformed into an office, library, or craft room-flexible space for whatever your lifestyle demands. The extended lanai provides a stunning space for outdoor enjoyment, featuring a sparkling pool, relaxing spa, and a pool bath-offering ample room for dining, lounging, or sunbathing while you take in the serene surroundings. The home has many upgrades, including a whole-house generator w/500-gallon propane tank, StormSmart shutters, crown molding and more. This property provides the perfect space for an outdoor kitchen, with plenty of room for a custom design. Whether you envision a gourmet grill, a full prep area, or even a pizza oven, the layout is ready to bring your outdoor living dreams to life. With water, gas, and electrical connections all set up, installation is a breeze-just bring your vision and start cooking! Golfing and membership is optional. RPGE has low HOA fees and very friendly neighbors.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jun 20, 2025 | Sold | ||
| Sold | |||
| May 13, 2025 | In contract | - | |
| In contract | |||
| May 3, 2025 | Price Decreased |
$1,075,000
↓ $25K
(2.3%) | |
| Price Decreased | |||
| Feb 26, 2025 | Price Decreased |
$1,100,000
↓ $76K
(6.4%) | |
| Price Decreased | |||
| Feb 7, 2025 | Listed by John R Wood Properties | $1,175,550 | |
| Listed by John R Wood Properties | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017