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20520 GALILEO PLACE
About This Property
The split layout includes a spacious primary suite with dual sinks, walk-in closet, and private bath, while the additional bedroom and full bath provide flexibility for guests or additional living needs. A den near the entry offers space for a home office or additional sitting area. The screened lanai extends the living space outdoors for year-round enjoyment.
Based on available information, the home appears to be in good overall condition. The air-conditioning system was manufactured in 2021; however, buyers are encouraged to verify the condition of all mechanical systems during their inspections.
Conveniently located near shopping, dining, and area amenities, this property presents an opportunity to own a low-maintenance home in a well-established neighborhood.
Buyers should conduct their own inspections to determine condition.
Agents: Please review all private remarks prior to scheduling a showing.
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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 |
|---|---|---|---|
| Jun 17, 2026 | In contract | - | |
| In contract | |||
| Jun 13, 2026 | Price Decreased |
$279,900
↓ $19K
(6.4%) | |
| Price Decreased | |||
| May 23, 2026 | Price Decreased |
$299,000
↓ $31K
(9.4%) | |
| Price Decreased | |||
| Apr 20, 2026 | Listed by NEXTHOME LUXE COASTAL | $330,000 | |
| Listed by NEXTHOME LUXE COASTAL | |||
| Apr 12, 2023 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017