229 Camellia DR
About This Property
Featuring an open floor plan, the kitchen, living room, and dining area all flow together with clear sightlines, creating a spacious and connected living space. The kitchen includes a center island, breakfast bar, pantry, and comes fully equipped with all major appliances.
The primary suite offers a glass-framed shower and a walk-in closet for added convenience. The home also includes a walk-in laundry room with a full-size washer and dryer.
Out back, enjoy a fully fenced backyard and a covered rear porch - perfect for relaxing or entertaining.
The Glenwood community offers fantastic amenities, including a swimming pool, splash pad, playground, and basketball court. Parks and additional outdoor recreation options are located nearby.
Discounted rate options and no lender fee future refinancing may be available for qualified buyers of this home.
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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 |
|---|---|---|---|
| Jan 1, 2026 | In contract | - | |
| In contract | |||
| Dec 18, 2025 | Relisted | $269,999 | |
| Relisted | |||
| Dec 6, 2025 | In contract | - | |
| In contract | |||
| Nov 21, 2025 | Price Decreased |
$269,999
↓ $10K
(3.6%) | |
| Price Decreased | |||
| Oct 17, 2025 | Price Decreased |
$279,999
↓ $5K
(1.8%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017