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2035 POLO Court
About This Property
The property features an existing graded building pad within a limited collection of just 36 homes, ensuring a sense of privacy and exclusivity. All utilities are already at the site, and the water and electric meters are paid for, significantly streamlining the development process.
With a minimum residence requirement of 4,000 square feet per the CC&Rs, there is ample space to create a sprawling architectural masterpiece, complete with room for a pool, spa, or private sports court. This is a premier chance to build a bespoke lifestyle in one of Alessandro Heights' most sought-after locations.
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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 4, 2026 | Listed by COMPASS | $649,900 | |
| Listed by COMPASS | |||
| Jun 21, 2017 | Sold | ||
| Sold | |||
| Mar 6, 2017 | Listed by PROVIDENCE REALTY | $425,000 | |
| Listed by PROVIDENCE REALTY | |||
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Welcome to the perfect lot to build your new dream home!
Located in the prestigious gated community of Royal Hunt Ridge Estates and surrounded by an immaculate neighborhood, you will not be disappointed with what this lot has to offer. Small community of fewer than 50 custom homes.
This lot is private, build to frame panoramic views, backs to natural watercourse below.
This exceptional property is what you have been looking for!
The neighborhood is adorned with beautiful landscaping and a quiet, relaxing ambiance. Also, since this is a gated community, you will have privacy and security to make your future home that much more ideal!
Property markers at northwest side of lot guide you to the lot line toward stream.
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About Alessandro Heights
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$2,950 /mo
- 3 Beds
- 2 Baths
- 1,396 ft²
$3,200 /mo
- 3 Beds
- 2 Baths
- 1,637 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017