1923 APPLEGATE Lane
About This Property
The split-bedroom layout offers added privacy, with the spacious master suite featuring a walk-in closet and double vanity sinks. The kitchen is well-equipped with stainless steel appliances, a brand-new dishwasher, a breakfast bar, plenty of cabinet space, and a generous pantry.
Step outside into the fully fenced backyard-private and perfect for relaxing or hosting friends and family. This home has been thoughtfully cared for, with regular maintenance on the A/C unit and an active termite bond in place for added peace of mind. Azalea Ridge offers resort-style amenities including two swimming pools, a water slide, soccer fields, a fitness center, sidewalks throughout, and a clubhouse.
Seller is very motivated present all offers! Schedule your showing today and see everything this wonderful home and community have to offer.
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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 |
|---|---|---|---|
| Jul 30, 2025 | Sold | ||
| Sold | |||
| Jul 4, 2025 | In contract | - | |
| In contract | |||
| Jun 24, 2025 | Price Decreased |
$299,900
↓ $30K
(9.1%) | |
| Price Decreased | |||
| Jun 17, 2025 | Price Decreased |
$330,000
↓ $5K
(1.5%) | |
| Price Decreased | |||
| Jun 6, 2025 | Price Decreased |
$335,000
↓ $10K
(2.9%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017