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2241 JAFFA PLACE
About This Property
A standout feature is the bright and inviting sunroom overlooking the private pool and spa, creating the perfect space to relax or host guests year-round. The primary bedroom includes an en suite bath, and the home also offers an interior utility room with a half bathroom for added convenience and flexibility. Additional features include a two-car garage and abundant storage space.
Major updates have already been addressed, including a newer shingle roof as well as updated electrical providing peace of mind for the next owner. Located in a non-flood zone (Zone X), this property offers both value and security.
While the home may benefit from cosmetic updates, it presents an exceptional opportunity. With the right vision, this property can truly be transformed into something spectacular in one of the area's most desirable neighborhoods.
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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 4, 2026 | Sold | ||
| Sold | |||
| Apr 25, 2026 | In contract | - | |
| In contract | |||
| Apr 9, 2026 | Listed by RE/MAX ACTION FIRST OF FLORIDA | $505,000 | |
| Listed by RE/MAX ACTION FIRST OF FLORIDA | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017